The statement of income and unclassified statement of financial position for Oriole, Inc. follow: Liabilities and Shareholders' Equity ORIOLE, INC. Other income and expenses Unrealized gain on trading investments $10,500 Interest expense Income before income tax Income tax expense Net income Additional information regarding 2021: Additional information regarding 2021: 1. Prepaid expenses and property tax payable relate to openating expenses. 2. New equipment costing $84,000 was purchased for $23,000 cash and a $61.000 lone - term bank loan payable: 3. Old equipment having an original cost of $58,500 was sold for $1,600. 4. Accounts pavable relate to inventory suppliers. 5. Some of the bank loan was repaid during the year. 6. A dividend was paid during the year. 7. Operating expenses include $47,000 of depreciation expense and a $2400 loss on disposat af equisment: 8. Common shares were issued for $42,000 cash during the vear and some common shares were bought bock and rotired at the cost they were originally issued at. in porenthesis es. (15.000).) NWP Assessment Player UI Appli X Note X to the Statement of Cash Flows: During the yeir, the compary purchased equiprment costing $ payine $23,000 cash and issuing a $61.000 bank loan payable