Ayayai Inc. follows ASPE and had the following statement of financial position at the end of operations for 2022: Ayayai Inc. Statement of Financial Position December 31, 2022 Cash $50,600 Accounts payable $95,000 Accounts receivable 93,700 Long-term debt 86,500 Inventory 84,100 Common shares 100,500 Machinery (net) 127,000 Retained earnings 93,400 Trademarks 20,000 $375,400 $375,400 During 2023, the following occurred: 1. Ayayai sold some of its trademarks. The trademarks had an unlimited useful life and a cost of $10,700. They were sold for proceeds of $20,000. 2. Machinery was purchased in exchange for long-term debt of $41,900. 3. Long-term debt in the amount of $15,000 was retired before maturity by paying $15,000 cash. 4. An additional $12,500 in commo