A comparative statement of financial position for Whispering Winds Corporation follows: Additional information: 1. Net income for the fiscal year ended December 31,2023 , was $21,660. 7. A loss on impairment was recorded in the year to reflect a decrease in the recoverable amount of goodwill. No goodwill was purchased or sold in the year. (a) WHISPERING WINDS CORPORATION Statement of Cash Flows Adjustments to reconcile net income to net cash used by operating activities: 3 5 huring the year, Whispering Winds retired $ in notes payable by issuing common shares. A comparative statement of financial position for Whispering Winds Corporation follows: Additional information: 1. Net income for the fiscal year ended December 31,2023 , was $21,660. 7. A loss on impairment was recorded in the year to reflect a decrease in the recoverable amount of goodwill. No goodwill was purchased or sold in the year. (a) WHISPERING WINDS CORPORATION Statement of Cash Flows Adjustments to reconcile net income to net cash used by operating activities: 3 5 huring the year, Whispering Winds retired $ in notes payable by issuing common shares