Current Attempt in Progress Martinez Corp's statement of financial position at the end of 2022 included the following items: Current assets Land Buildings Equipment Accumulated depreciation-buildings Accumulated depreciation-equipment Intangible assets-patents Total 1. 2. $1,135,000 3. 30,900 1,280,000 326,000 (137,000) (11,700) The following information is available for the 2023 fiscal year: 40,200 $2,663,400 Current liabilities Bonds payable Common shares Retained earnings Total $1,096,400 1,181,000 198.000 188,000 $2,663.400 Net income was $402,000. Interest paid is treated as an operating activity. Equipment (cost of $21.600 and accumulated depreciation of $8,200) was sold for $10,600. Depreciation expense was $4,170 on the building and $9.050 on equipment.

Qufrent Attempt in Progress Martinez Corp's statement of financlal postion at the end of 2022 included the following iterm. The followinginformation is availoble for the 2023 fiscal year. 1. Net income was 5402000 interest pad is treated as an operatine act vity. 2. Fquipment \{cost of $21,600 and accumulated depreciation of $8,200/ was sold for $10,000. 3. Depreciation experse was $4.170 on the buldineand $9.050 on equpment. 4. Amortization expense on a patent was $3,020. 5. Current assets other than cash increased by $39,000. Current llabilities increased by $22,000 6. An addition to a bulding was completed at a cost of $31,100. 7. An FV:OCl investment in shares was purchased for $20,700 on the last day of the year. This was the first such imestment made by Martinez in its history. B. Bonds payable of $75,700 were issued at par: 9. Cash dividends of $198,000 were declared and paid. Dividends paid are trested as financing activities. Martinez prepares firancial stategients in accordance with IFF.: (a) Prepare a statement of financial position (SFP) as at December 31. 2023. (/int You w/ Need to adiust Cplus? the December 31. 2023 amount of current assets to ensure the SFP balances) (Wist Property, Plant, and Equipment in covder of Land, Bialdings, and Equipment)