Additional Information a. A $30,000 notes payable is retired at its $30,000 carrying (book) value in exchange for cash. b. The only changes affecting retained earnings are net income and cash dividends paid. c. New equipment is acquired for $80,600 cash. d. Received cash for the sale of equipment that had cost $71,600, yielding a $4,300 gain. e. Prepaid Expenses and Wages Payable relate to Operating Expenses on the income statement. f. All purchases and sales of inventory are on credit. [The following information applies to the questions displayed below] The following financial statements and additional information are reported. a. A $300 notes navahle is retired at its $3000 carrvinn (hnok) value in exchanne fo Required information (i) Soved Required intormation