On January 1, Year 1, Tree Inc. purchased call options to purchase 2,000 shares of Rock Ltd. with a strike price of $50. The total cost of the options was $1,000. On

December 31, Year 1, the shares of Rock Ltd. were trading at $47 per share. The options expire at the end of Year 2. Tree Inc. adheres to IFRS, and the options are not hedging instruments. On December 31, Year 1, how would these options be reflected on Tree’s statement of financial position?