Additional information 0. A $30,000 notes payab e is etued at its \$zopob canying (bobhy value ir exchange torcash) b. The only changes affecting retained earning are net income and fash dividends paid c. New equpment is acquired for $74,500, tash e. Prepaid Expenses and Wages Payable relate to opeiating Expenseg on the income statemant 1. Al purchuses and sales of irventory are on credit. Additional information 0. A $30,000 notes payab e is etued at its \$zopob canying (bobhy value ir exchange torcash) b. The only changes affecting retained earning are net income and fash dividends paid c. New equpment is acquired for $74,500, tash e. Prepaid Expenses and Wages Payable relate to opeiating Expenseg on the income statemant 1. Al purchuses and sales of irventory are on credit