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  3. grouper corporation had the following activities i

Grouper Corporation had the following activities in2023: Sold land for $208,000. ...

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Accounting

Grouper Corporation had the following activities in2023:
Sold land for $208,000.
Purchased anFV-NI investment in common shares for $14,200.
Purchased inventory for $862,000 with cash.
Received $72,500 cash from bank borrowings.
Received interest for $11,700.
Purchased equipment for $486,000in exchange for common shares.
Issued common shares for $366,000 cash.
Recorded an unrealized gain of $3,250on investments accounted for using the FV-NI model.
Purchased investments in bonds, reported at amortized cost for $60,800.
Declared and paid a dividend of $16,200(chargedto retained earnings).
Sold investments in bonds reported at amortized cost, with a carrying amount of $408,400, for $415,400.
Received dividends of $6,100-15,000
orin parenthesis e.g.(15,000).
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