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Shown below are comparative statements of financial position for Whispering Winds Corporation. WHISPERING WINDS CORPORATION Statement of Financial Position December 31 Assets 2025 2024 Cash $53,140 $25,960 Term deposits 27,100 0 Accounts receivable 100,300 89,680 Inventory 200,600 223,020 Land 94,400 118,000 Equipment Accumulated depreciation - equipment 306,800 236,000 (77,880) (37,760) $704,460 $654,900 Liabilities and Shareholders' Equity Accounts payable $46,020 $55,460 Bonds payable 177,000 236,000 Common shares 254,880 205,320 Retained earnings 226,560 158,120 $704,460 $654,900 Additional information: