Additional information: 1 - Net income for 2022 was $195,300. 2. Depreciation expense was $71,400 3. Cash dividends of $81,900 were declared and paid. 4. Bonds payable amounting to $105,000 were redeemed for cash $105,000. 5. Commonstock was issued for $88,200 cash. 6. No equipment was sold during 2022 7. Land was sold for its book value Additional information: 1 - Net income for 2022 was $195,300. 2. Depreciation expense was $71,400 3. Cash dividends of $81,900 were declared and paid. 4. Bonds payable amounting to $105,000 were redeemed for cash $105,000. 5. Commonstock was issued for $88,200 cash. 6. No equipment was sold during 2022 7. Land was sold for its book value