Note 1- Trade and other receivables

Account Receivable 650,000

Allowance for doubtful accounts (50,000)
Notes receivable 200,000
Accrued interest receivable 30,000
Total 830,000

Note 2- Property, Plant and Equipment

Building 5,500,000
Accumulated depreciation- Building (2,500,000)
Furniture and equipment 2,400,000
Accumulated depreciation- fur. and equipment (900,000)
Land 1,000,000
Total 5,500,000

Note 3- Trade and other payables

Accounts payable 1,000,000
Notes payable 850,000
Accrued taxes 50,000
Total 1,900,000

Note 4- Share capital

Authorized share capital, 50,000 shares P100 par 5,000,000
Unissued share capital (2,000,000)
Subscribed share capital, 2,000 shares 1,000,000
Share subscription receivables (500,000)
Total 3,500,000

Note 5- Reserves
Share premium 300,000
Retained Earnings appropriated for contingencies 200,000
Total 500,000