1. Net income is $115 2. The company sold equipment that had an original cost of $13 million and accumulated depreciation of $8 million. The cash proceeds from the sale were $8 million. The gain on the sale was $3 million. 3. The company did not issue any new bonds during the year. 4. The company paid a cash dividend during the year. 5. The company did not complete any common stock transactions during the year