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View Policies Current Attempt in Progress Fowler Inc. had the following statement of financial position at December 31, 2021. Fowler, Inc. Statement of Financial Position December 31, 2021 Land $17.000 Share capital - ordinary $36.000 Plant assets (net) 36,000 Retained earnings 28,600 Investments 14.000 Bonds payable 9,000 Accounts receivable 12.600 Accounts payable 14,300 Cash 8.300 $87.900 $87.900 H Dunia 1000 the follow Type here to search O Bi 33C Smoke 6:57 pm 19/09/2021 Question 1 of 1 - / 100 III During 2022, the following occurred. 1. Net income was $28.500. 2. Depreciation expense was $7.000. 3. Fowler liquidated its investment portfolio (comprised of trading investments), realizing a $4,000 loss. 4. Fowler issued $21,000 of ordinary shares at par. 5. Dividends of $8,200 were declared and paid to stockholders. 6. Accounts receivable and accounts payable at December 31, 2022 were $14,900 and $12,700, respectively. Fowler obtained $8,000 in plant assets in exchange for issuing bonds. 7. 8. Fowler purchased additional plant assets for $17.500. 9. Fowler purchased land for $19.000. 10. Cash at December 31, 2022 was $30.200. 6:59 pm IH Type here to search O Si 33C Smoke AD (0) 19/09/2021 Question 1 of 1 - / 100 Prepare the unclassified statement of financial position as it would appear at December 31, 2022. (List Assets in reverse order of liquidity.) FOWLER INC. Statement of Financial Position December 31, 2022 December 31, 2022 For the Year Ended December 31, 2022 For the Quarter Ended December 31, 2022 Cash 30200 Accounts Receivable 14900 Plant Assets Land 36000 $ 7:22 pm H Type here to search Si 32C Smoke AD 4) 19/09/2021 Question 1 of 1 - / 100 III Plant Assets Land 36000 $ Equity and Liabilities Accounts Payable 12700 Bonds Payable 17000 Common Stock 57000 Retained Earnings Type here to search o i 32C Smoke 7:23 pm 19/09/2021