Whispering Winds Corp. Comparative Balance Sheets December 31 Assets Cash Accounts receivable Inventory Prepaid expenses Land Buildings Accumulated depreciation-buildings (62,500) (34,000) Equipment 232,400158,000 Accumulated depreciation-equipment Total $742,500(42,900)$698,800(37,900) Additional information: 1. Operating expenses include depreciation expense of $42,000($28,500 of depreciation expense fo buildings and $13,50 equipment). 2. Land was sold for cash at book value. 3. Cash dividends of $40,700 were paid. 4. Net income for 2022 was $44,300. 5. Equipment was purchased for $95,500 cash. In addition, equipment costing $21,100 with a book value of $12,600 was sold for $6,100 cash. 6. 34,000 shares of $1 par value common stock were issued in exchange for land with a fair value of $34,000. Whispering Winds Corp. Statement of Cash Flows Adjustments to reconcile net income to $