E5.11((Preparation of Statement of Financial Position) Uddin Corp.'s statement of financial position at the end...

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Accounting

E5.11((Preparation of Statement of Financial Position) Uddin Corp.'s statement of financial position at the end of 2022 included the following items:
The following information is available for the 2023 fiscal year:
Net income was $391,000. Interest paid is treated as an operating activity.
Equipment (cost of $20,000 and accumulated depreciation of $8,000) was sold for $10,000.
Depreciation expense was $4,000 on the building and $9,000 on equipment.
Amortization expense on a patent was $3,000.
Current assets other than cash increased by $29,000. Current liabilities increased by $13,000.
An addition to a building was completed at a cost of $31,000.
An FV-OCI investment in shares was purchased for $20,500 on the last day of the year. This was the first such investment made by Uddin in its history.
Bonds payable of $75,000 were issued at par.
Cash dividends of $180,000 were declared and paid. Dividends paid are treated as financing activities.
Uddin prepares financial statements in accordance with IFRS.
Please explain how the following information impacts the statement of financial position with a detailed explanation for the steps please!
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