Problem 2 (11.5 marks) (25 minutes) The following is an alphabetical list of account balances at December 31, 2021 for The Best Corporation. The company did not declare any dividends in 2021 850,000 Building FVTOCl investments 120,000 Capital Stock 702,000 Cash 50,000 650,000 Cost of goods sold Inventories 96,000 49,000 Depreciation expense 8,000 Dividends payable 10,000 Supplies 80,000 Income tax expense 9,000 Insurance expense 35,000 Interest expense 120,000 Accumulated depreciation equipment 631000 Unearned revenues Interest income 17,000 Interest payable 16,000 Interest receivable 9,000 140,000 Accounts payable 89,000 Accounts Receivable Accumulated depreciation - building 230,000 650,000 Land 590,000 Long-term bank loan 125,000 Patents 560,000 Equipment 129,000 FVTPL investments 16,000 Prepaid expenses 23,000 Rent expense 260,000 Bonds payable, due December 31, 2028 310,000 Retained Earnings (beginning of year balance) 130,000 Salaries expense 1,230,000 Sales Required- Prepare a Statement of Financial Position for 2021