trading securities are PE MO12) (Statement of Financial Position Adjustment and Preparation) The adjusted til helence of Asia-Pacific Ed. and other related information for the year 2019 are presented below amante in thousands) Credit Y 8,700 Asian-Pacific Ltd. Adjusted Trial Balance December 31, 2019 Debit 41.000 Cash 163,500 Accounts Receivable Allowance for Doubtful Accounts 5,900 Prepaid Insurance Inventory 208,500 339,000 Long-term Investments Land 85,000 Construction in Process 124,000 Patents 36.000 Equipment 400,000 Accumulated Depreciation Equipment Accounts Payable Accrued Expenses Notes Payable Bonds Payable Share Capital - Ordinary Share Premium-Ordinary Retained Earnings 1.402.900 240,000 148,000 49,200 94,000 180,000 500.000 45,000 138,000 1,402,900 Additional information: 1. The average-cost method of inventory value is used. 2. The cost and fair value of the long-term investments that consist of ordinary shares and bonds is the Same. 3. The amount of the Construction in Process account represents the costs expended to date on building in the process of construction. (The company rents factory space at the present time.) The land on which the building is being constructed cost 185,000, as shown in the trial balance. 4. The patents were purchased by the company at a cost of $40,000 and are being amortized on a straight-line basis. 5. The notes payable represent bank loans that are secured by long-term investments carried at 120,000. These bank loans are due in 2020. 6. The bonds payable bear interest at 8% payable every December 31, and are due January 1, 2030, 7. 600,000 ordinary shares with a par value of I were authorized, of which 500,000 shares were issued and outstanding Instructions rrepare a statement of financial position as of December 31, 2019, so that all important information fully disclosed