11 pts Presented below is information related to the operations of For Cod's Sake, Ine. 2017 s 345,000 S 180,000 Sales 2016 2017 Accounts receivable Prepaid expenses 79,000 S 784 000 85,000 147,000 Cost of goods sold 415 000 369 000 155,000 100,000 150,000 Gross profit 58,000 Depreciation expense 100,000 Other Equipment Acc. depreciation (equipment) (38,000) (16,000) Building Acc. depreciation (furniture) (58,000) (40,000) Net income 299.000) 30,000 150,000 Loss on sale of land Total assets S 61,000 S 70,000 120,000 125,00075,000 300,000400,000 127,000 119,000 Unearned revenue Bonds payable stock Retained Total liabilities and Additional information: . In 2017, For Cod's Sake, Inc., declared and paid a cash dividend. Land was sold for cash. Additional bonds payable were issued at face value. to stock. occurred related For Cod's Sake, Inc., redeemed common stock at par value. No other llh Coo Inc in th