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Question 2 of 5 View Policies Current Attempt in Progress Whispering Winds Corp. ' s statement of financial position at the end of 2 0
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Whispering Winds Corp.s statement of financial position at the end of included the following items:
The following information is available for the fiscal year:
Netincome was $ Interest paid is treated as an operating activity.
Equipmentcost of $ and accumulated depreciation of $ was sold for $
Depreciation expense was $ on the building and $ on equipment.
Amortization expense on a patent was $
Curnent assets otherthan gash increased by $ Current liabilities increased by $
An addlition te a building was completed at a cost of $
An FVOClimestment in shares was purchased for $ on the last day of the year. This was the first such investment made by Whispering Winds in its history.
Bonds payable pf $ were issued at par.
Cast dividends of $ were declared and paid. Dividends paid are treated as financing activities.
Whispering Winds prepares financial statements in accordance with IFRS.
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