Ayayai Corp's statement of financial position at the end of 2022 included the following items: The following information is available for the 2023 fiscal year: 1. Net income was $409,000. Interest paid is treated as an operating activity. The following information is available for the 2023 fiscal year: 1. Net income was $409,000. Interest paid is treated as an operating activity. 2. Equipment (cost of $21,000 and accumulated depreciation of $8,150 ) was sold for $11,800. 3. Depreciation expense was $4,180 on the building and $9,070 on equipment. 4. Amortization expense on a patent was $3,030. 5. Current assets other than cash intreased by $33,000. Current liabilities increased by $27,000. 6. An addition to a building was completed at a cost of $32,700. 7. An FV-OCl investment in shares was purchased for $22,400 on the last day of the year. This was the first such investment made by Ayayai in its history. 8. Bonds payable of $76,500 were issued at par: 9. Cash dividends of $198,000 were declared and paid. Dividends paid are treated as financing activities. Ayayai prepares financial statements in accordance with IFRS. Liabilities and Shareholders' Equity eTextbook and Media List of Accounts Sweforlater Attempts: 0 of 3 used Submit