Bramble Corp.'s statement of financial position at the end of 2019 included the following items: Current assets Land $1,165,000 Current liabilities $1,069,800 31,500 Bonds payable 1,161,000 Buildings 1,210,000 Common shares 191.000 Equipment 322,000 Retained earnings 190,000 Accumulated depreciation-buildings (145,000 ) Accumulated depreciation-equipment (12,900) Intangible assets-patents 41.200 Total $2,611,800 Total $2,611,800 The following information is available for the 2020 fiscal year: 1. Net income was $395,000. Interest paid is classified as operating activities. 2. Equipment (cost of $21,400 and accumulated depreciation of $8,160) was sold for $11,200. 3. Depreciation expense was $4,060 on the building and $9,110 on equipment. 4. Amortization expense on a patent was $3,030. 5. Current assets other than cash increased by $30,000. Current liabilities increased by $18,000. 6. An addition to a building was completed at a cost of $31,100. 7. An FV-OCI investment in shares was purchased for $21,900 on the last day of the year. This was the first such investment made by Bramble in its history. 8. Bonds payable of $75,400 were issued at par. 9. Cash dividends of $191,000 were declared and paid. Dividends paid are treated as financing activities. Bramble prepares financial statements in accordance with IFRS.