the question is here

Kiseki Technologies Inc. is a public company and reports under IFRS. The company hires you as their bookkeeper and provides you with the following information from their trial balance at December 31, 2020: Debits Credits Accounts receivable S 565,000 Accounts payable 5 815,000 Bond investment 587,000 Accumulated depreciation - 292,000 buildings Buildings 2,540,000 Accumulated depreciation - 77,000 equipment Cash 305,000 Accumulated other comprehensive 97,000 income Dividends 50,000 Allowance for doubtful accounts 43,000 Equipment 750,000 Bonds payable 2,100,000 Share investments 323,000 Common shares 869,000 Inventory 777,000 Note payable 1,160,000 Land 330,000 Retained earnings ? Patents (net) 245,000 5 6,472,000 S 6,472,000 The company provides you with some additional information as follows: 1. The bond investment matures in four years and is recorded using the FV-OCI method. 2. The share investments are held for trading and are recorded using the FV-NI method. 3. At December 31, 2020, the fair value of the share investments is $323,000 and the fair value of the bond investment is $593,000. 4. The patent has a cost of $267,000 and accumulated amortization of $22,000. 5. Accounts payable consists of amounts owing to suppliers and $17,400 of interest accrued on the note payable. 6. The bonds payable were issued on January 1, 2020 at par, bear annual interest at 5% payable every June 30 and December 31, and are due in five years. Interest was paid in full during 2020. 7. An unlimited number of common shares are authorized. 40,000 common shares are issued and outstanding. 8. The note payable is dated July 1, 2020 and bears annual interest at 3%. The note principal is repayable over two years in two equal annual instalments on July 1, 2021 and July 1, 2022. Accrued interest is also due at this time. 9. The December 31, 2019 statement of financial position showed retained earnings of S780, 000. 10. The net income for the year is $239, 000. Required: Start this question an a new page. Show all calculations and analysis to get full marks. Prepare a statement of financial position in good form as at December 31, 2020. Include required note disclosures either on the face of the statement or in a note cross referenced to the statement