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Additional information: 1. New plant assets costing $99,500 were purchased for cash during the year. 2. Old plant assets having an original cost of $55,800

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Additional information: 1. New plant assets costing $99,500 were purchased for cash during the year. 2. Old plant assets having an original cost of $55,800 and accimulated depreciation of $49,800 were sold for $1,200 cash. 3. Bonds payable matured and were pald off at face value for cash. 4. A cash dividend of $32,300 was declared and paid diaring the vear. 5. Common stock was issued at par forcash. 6. There were no significam noncash transactions. parenthesis eq (15.0001)

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