The following data, presented in alphabetical order, are taken from the records of Radar Industries Ltd.

Accounts payable ………………………………….........……............…………………. € 240,000

Accounts receivable …………………………………….........……………............……… 140,000

Accumulated depreciation—buildings ………………......………............……… 180,000

Accumulated depreciation—equipment ………............…………………………. 52,000

Allowance for doubtful accounts …………………………………............…………… 6,000

Bonds payable (10%, due 2023) ………............……………………………………. 540,000

Buildings ………………………………………..............………............……………………. 950,000

Cash ………………………………………………………….................………............……….. 42,000

Dividends payable …………............……………………………………………........……. 80,000

Equipment ……………………………………............……...........………………………… 275,000

Fair value adjustment—non-trading securities (Dr) …………............…....… 8,000

Goodwill ……………………………………………………..............……………............…. 200,000

Income taxes payable …………………………………………....…………............….. 120,000

Inventory ……………………………………………………………............…….............…. 170,000

Investment in Mara ordinary shares (30% ownership), at equity …… 380,000

Investment in Sasse ordinary shares (10% ownership), at cost ……… 278,000

Land …………………………………………………………………………............................ 390,000

Notes payable (due 2021) ………………………………………....................……….. 70,000

Prepaid insurance ………………………………………………………........................… 16,000

Retained earnings …………………………………………………….......................…. 103,000

Share capital—ordinary (€10 par value; 500,000 shares authorized,

150,000 shares issued) ………………………………………………....................... 1,500,000

Share premium—ordinary …………………………………………...................…… 130,000

Short-term investments, at fair value (and cost) ………………………..… 180,000

Unrealized gain—non-trading securities ……………………........…………….. 8,000

Instructions

Prepare a classified statement of financial position at December 31, 2020.