=+$712,800 $530,400 _________ _________ The following additional information was taken from the records of House Construction Co.:

a. Equipment and land were acquired for cash.

b. There were no disposals of equipment during the year.

c. The investments were sold for $54,000 cash.

d. The common stock was issued for cash.

e. There was a $79,200 credit to Retained Earnings for net income.

f. There was a $60,000 debit to Retained Earnings for cash dividends declared.

Instructions