Your answer is partially correct. SFP accounts of Carla Vista Inc., which follows IFRS, follow: Additional information: Carla Vista has adopted the policy of classifying interest paid as operating activities and dividends paid as financing activities. 1. Cash dividends declared during the year were $24,525. 2. A 20% stock dividend was declared during the year and $25,000 of retained earnings was capitalized. 3. FV-NI investments that cost $19,700 and had a fair value at December 31,2022 , of $24,800 were sold during the year for $23,26 4. Machinery that cost $3,820 and had $750 of depreciation accumulated was sold for $2,230. Carla Vista's 2023 statement of income is as follows: Carla Vista Inc. Statement of Cash Flow For the Year Ended December 31, 2023 Cash Flows from Operating Activities Cash Received from Customers $631130 Add : Net Cash Received on FV-NI Investment Transactions 15670 Cash Paid to Suppliers for Goods Cash Paid for Other Operating Expenses \begin{tabular}{|r|r|} \hline 165450 & i \\ \hline 3000 & i \\ \hline \end{tabular} Income Taxes Paid \begin{tabular}{|} \hline 37500i \\ \hline \end{tabular} Net Cash Provided by Operating Activities