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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

Question 2 of 5
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Current Attempt in Progress
Whispering Winds Corp.'s statement of financial position at the end of 2022 included the following items:
The following information is available for the 2023 fiscal year:
Netincome was $401,000. Interest paid is treated as an operating activity.
Equipment(cost of $21,600 and accumulated depreciation of $8,090, was sold for $11,800.
Depreciation expense was $4,020 on the building and $9,200 on equipment.
Amortization expense on a patent was $3,130.
Curnent assets otherthan gash increased by $30,000. Current liabilities increased by $18,000.
An addlition te a building was completed at a cost of $32,500.
An FV-OClimestment in shares was purchased for $22,100 on the last day of the year. This was the first such investment made by Whispering Winds in its history.
Bonds payable pf $76,300 were issued at par.
Cast dividends of $200,000 were declared and paid. Dividends paid are treated as financing activities.
Whispering Winds prepares financial statements in accordance with IFRS.
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