A. when the equipment was sold, the Buildings and Equipment account received a credit of:

B. the book value of the buildings and equipment at December 31, 2019 was:

C. the accounts payable at December 31, 2019 were:

D. the balance in the Retained Earnings account at December 31, 2019 was:

E. capital stock (plus any additional paid-in capital) at December 31, 2019 was:

Problem 3Cash Flow (4 points each, 20 points total $ 304,000 Financial statements for Kindness Company are given below: Kindness Company Balance Sheet January 1, 2019 Liability Assets Cash $ 640,000 Accounts receivable 576,000 Buildings and equipment 2,400,000 Accumulated depreciation- buildings and equipment (800,000) Common stock Patents 288,000 Retained earnings $3.104.000 Accounts payable Stockholders' Equity 1,840,000 960.000 $3.104.000 $800,000 $(256,000) 128,000 240,000 (96,000) 32.000 48.000 848,000 Kindness Company Statement of Cash Flows For the Year Ended December 31, 2019 Increase (Decrease) in Cash Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Increase in accounts receivable Increase in accounts payable Depreciation-buildings and equipment Gain on sale of equipment Amortization of patents Net cash provided by operating activities Cash flows from investing activities Sale of equipment Purchase of land Purchase of buildings and equipment Net cash used by investing activities Cash flows from financing activities Payment of cash dividend Sale of common stock Net cash provided by financing activities Net increase in cash Cash, January 1, 2019 Cash, December 31, 2019 192,000 (400,000) (768,000 (976,000) (240,000) 640,000 400.000 272,000 640.000 $912.000 Total assets on the balance sheet at December 31, 2019 are $4,432,000. Accumulated depreciation on equipment sold was $224,000