Pronghorn Corp's statement of financial position at the end of 2019 included the following items: Current assets $1,275,000 Current liabilities $994,200 Land 30,700 Bonds payable 1,281,000 Buildings 1,150,000 Common shares 192.000 Equipment 322.000 Retained earnings 189.000 Accumulated depreciation-buildings (149,000) Accumulated depreciation-equipment Intangible assets-patents (12,600) 40,100 Total $2.656,200 Total $2.656.200 The following information is available for the 2020 fiscal year: -/1 E 1 Net income was $398,000. Interest paid is classified as operating activities 2. Equipment (cost of $21,200 and accumulated depreciation of $8,030) was sold for $10,700. 3. Depreciation expense was $4,040 on the building and $9.200 on equipment. 4. Amortization expense on a patent was $3,080. 5. Current assets other than cash increased by $40,000. Current liabilities increased by $24.000. 6. An addition to a building was completed at a cost of $32.800. 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 Pronghorn in its history." 8. Bonds payable of $75.200 were issued at par. 9. Cash dividends of $192.000 were declared and paid. Dividends paid are treated as financing activities. Pronghorn prepares financial statements in accordance with IFRS Question 2 of 5 > Prepare 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) Pronghorn Corporation Statement of Financial Position December 31, 2020 Assets Current Assets FV-OC) Investments Property Plant And Equipment Land Buildings Less Accumulated Depreciation-Buildings Question 2 of 5 Equipment Less Accumulated Depreciation-Equipment Total Property, Plant, And Equipment Intangible Assets Patents Total Assets Liabilities and Shareholders' Equity Current Liabilities Long-Term Liabilities Bunds Payable Total Liabilities -/1 Shareholders Equity Common Shares Retained Earnings Total Shareholders' Equity Total Liabilities And Shareholders' Equity eTextbook and Media List of Accounts Common Shares Prepare a statement of cash flows for the year ended December 31, 2020, using the indirect method. (Show amounts that decrease. Question 2 of 5 - Prepare 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 eg-15,000 or in parenthesise.g. (15,000) Pronghorn Corporation Statement of Cash Flows Adjustments to reconcile net income to net cash provided by operating activities: 3 eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit