Concord Corp.'s statement of financial position at the end of 2019 included the following items: Current assets Land $1,305,000 Current liabilities 30,300 $1,337,100 Buildings 1,310,000 Bonds payable Common shares 1,141,000 Equipment Accumulated depreciation-buildings 325,000 183,000 (144,000) Retained earnings 194,000 Accumulated depreciation-equipment (12,500) Intangible assets-patents 41,300 Total $2,855,100 Total $2,855,100 The following information is available for the 2020 fiscal year: 1. Net income was $397,000. 2. Equipment (cost of $20,800 and accumulated depreciation of $8,170) was sold for $11,100. 3. Depreciation expense was $4,200 on the building and $9,020 on equipment. 4. Amortization expense on a patent was $3,120. 5. Current assets other than cash increased by $25,000. Current liabilities increased by $14,000. 6. An addition to a building was completed at a cost of $31,900. 7. An FV-OCI investment in shares was purchased for $20,900 on the last day of the year. This was the first such investment made by Concord in its history. 8. Bonds payable of $77,000 were issued at par. 9. Cash dividends of $183,000 were declared and paid. Dividends paid are treated as financing activities. Concord prepares financial statements in accordance with IFRS. urrent assets to ensure the SFP balances.) (ListPrepare a statement of financial position (SFP) as at December 31, 2020. (Hint: You will need to adjust ("plug") the December 31, 2020 amount of current assets to ensure the SFP balances.) (List Property, Plant and Equipment in order of Land, Buildings and Equipment.) Concord Corporation Statement of Financial Position Assets Liabilities and Shareholders' EquityPrepare a statement of cash flows for the year ended December 31, 2020, using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Concord Corporation Statement of Cash Flows Adjustments to reconcile net income to net cash provided by operating activities: 1 . M