The following items are from the assets section of Devon Limited's December 31, 2018, statement of financial position:

Accounts receivable.................................$ 13,345

Accumulated depreciation-buildings..............27,595

Accumulated depreciation-equipment...........146,550

Buildings................................................58,275

Cash....................................................100,460

Equipment.............................................287,400

Goodwill................................................39,590

Held for trading investments.........................52,520

Inventory..............................................105,320

Land...................................................207,290

Patent...................................................20,225

Prepaid expenses.......................................13,950

Instructions

(a) Identify the statement of financial position category in which each of the above assets should be classified.

(b) Prepare the assets section of the statement of financial position.