The company sustained a net loss for the year of $10,000. Depreciation amounted to $22,000. A gain of $9,000 was reported on the sale of land for $39,000 cash. Net loss Depreciation The gain on disposal of land Proceeds from the sale of land Proceeds from the sale of land A three-month Canadian treasury oill was purchased for $50,000 on November 13,2023 . The company uses a cash and cash-equivalent basis for its statement of cash flows. An impairment of $40,000 was recorded on goodwill. Patent amortization for the year was $18,000. The company exchanged common shares for a 40% interest in TransCo Corp. for $900,000. The company accrued an unrealized loss of $10,000 on investments accounted for at FVNI. eTextbook and Media 1. Equipment that cost $40,000 six years before and was being depreciated on a straight-line basis over 10 years with no estimated residual value was sold for $5,300. Profit/loss on sale of equipment Proceeds from sale of equipment 2. During the year, 10,000 common shares were issued for $41 cash per share. 3. Uncollectible accounts receivable in the amount of $27,000 were written off against the allowance for expected credit losses. 4. The company sustained a net loss for the year of $10,000. Depreciation amounted to $22,000. A gain of $9,000 was reported on the sale of land for $39,000 cash. Net loss 4. The company sustained a net loss for the year of $10,000. Depreciation amounted to $22,000. A gain of $9,000 was reported on the sale of land for $39,000 cash. Net loss Depreciation The gain on disposal of land Proceeds from the sale of land 5. A three-month Canadian treasury bill was purchased for $50,000 on November 13,2023 . The company uses a cash and cash-equivalent basis for its statement of cash flows. 6. An impairment of $40,000 was recorded on goodwill. 7. Patent amortization for the year was $18,000. 5. A three-month Canadian treasury bill was purchased for $50,000 on November 13,2023 . The company uses a cash and cash-equivalent basis for its statement of cash flows. 6. An impairment of $40,000 was recorded on goodwill. 7. Patent amortization for the year was $18,000. 8. The company exchanged common shares for a 40% interest in TransCo Corp. for $900,000. 9. The company accrued an unrealized loss of $10,000 on investments accounted for at FVNI