Current Attempt in Progress

Coronado SpA has decided to expand its operations. The bookkeeper recently completed the following statement of financial position in order to obtain additional funds for expansion.

Coronado SpA

Statement of Financial Position

December $31,2022$

Current assets

$\backslash$table$[[$Cash$,236,500],[$Accounts receivable $($net$),346,500],[$Inventory $($at lower$-$of$-$average$-$cost$-$or$-$net realizable value$),407,500],[$Trading securities$-$at cost $($fair value $126,500,146,500]]$

Property, plant, and equipment

$\backslash$table$[[$Buildings $($net$),576,500],[$Equipment $($net$),166,500],[$Land held for future use,$181,500],[$Intangible assets,$86,500],[$Goodwill$,96,500],[$Other identifiable assets,$18,500]]$

Current liabilities

$\backslash$table$[[$Accounts payable,$141,500],[$Notes payable $($due next year$),131,500],[$Pension liability,$88,500],[$Rent payable,$55,500],[$Premium on bonds payable,$59,500]]$

Non$-$current liabilities

Bonds payable $506,500$

Equity

Share capital$-$ordinary, $1\mathrm{.}00$ par, authorized $400,000$ shares, issued $296,500296,500$

Share premium$-$ordinary $166,500$

Retained earnings

Prepare a revised statement of financial position given the available information. Assume that the accumulated depreciation balance for the buildings is $166,500$ and for the equipment, $111,500.$ The allowance for doubtful accounts has a balance of $23,500.$ The pension liability is considered a non$-$current liability. $($List Current Assets in reverse order of liquidity. List Property, Plant and Equipment in order of Buildings and Equipment. Enter account name only and do not provide the descriptive information provided in the question.$)$