a. On January 1, 2018, CRRC issued no par common stock for $ 400 comma 000. b. Early in January, CRRC made the following cash payments: 1. For store fixtures, $ 55 comma 000 2. For merchandise inventory, $ 290 comma 000 3. For rent expense on a store building, $ 19 comma 000 c. Later in the year, CRRC purchased merchandise inventory on account for $ 238 comma 000. Before year-end, CRRC paid $ 138 comma 000 of this accounts payable. d. During 2018, CRRC sold 3 comma 100 units of merchandise inventory for $ 375 each. Before year-end, the company collected 80% of this amount. Cost of goods sold for the year was $ 320 comma 000, and ending merchandise inventory totaled $ 208 comma 000. e. The store employs three people. The combined annual payroll is $ 92 comma 000, of which CRRC still owes $ 7 comma 000 at year-end. f. At the end of the year, CRRC paid income tax of $ 16 comma 000. There are no income taxes payable. g. Late in 2018, CRRC paid cash dividends of $ 36 comma 000. h. For store fixtures, CRRC uses the straight-line depreciation method, over five years, with zero residual value.