1. Net income was $114,975 2. Accounts receivable increased $15,375 3. Inventory increased $21,250 4. Prepaid expenses decreased $875 - 5. Acquisition of a building by issuing common stock $125,000. 6. Accounts payable decreased $28,500 7. Depreciation expense was $18,750 8. Sold equipment for $11,625 cash and there was a loss for this of $5,125." 9. Purchased equipment for $30,000 cash. 10. Borrowed $4,000 cash by signing a note payables 11. Paid $50,125 to redeem a bond payable. - 12. Purchased equipment by signing a note payable $55,000 13. Issued 2,500 shares of stock for $20 cash.. 14. Paid a cash dividend for $50,100. ~ 15. Beginning cash was 76,625 16. Ending Cash is $53,385