Additional data obtained Irom the income statement and from an examination of the acoounts in the ledger for 20Y are as folows: a. Net income, $250,000. b. Depreciation reported on the ineome statement, $135,000. c. Equipment was purchased at a cost of $420,000 and fully cepreciated equipment costing $90,000 was discarded, with no salvage d. The mortgage note payeble was not due for six years, but the terms permitted enrlier payment without penalty, e. 30,000 shares of common sicck were issued at $20 for cash. t. Cash cividends declared and paicl, $45,000. Additional data obtained Irom the income statement and from an examination of the acoounts in the ledger for 20Y are as folows: a. Net income, $250,000. b. Depreciation reported on the ineome statement, $135,000. c. Equipment was purchased at a cost of $420,000 and fully cepreciated equipment costing $90,000 was discarded, with no salvage d. The mortgage note payeble was not due for six years, but the terms permitted enrlier payment without penalty, e. 30,000 shares of common sicck were issued at $20 for cash. t. Cash cividends declared and paicl, $45,000