Additional Information on Year 2017 Transactions The loss on the cash sale of equipment was $7,900 (details in b). Sold equipment costing $74,000, with accumulated depreciation of $46,000, for $20,100 cash c. Purchased equipment costing $159,000 by paying $34,000 cash and signing a long-term note payable for the balance d. Borrowed $5,000 cash by signing a short-term note payable. e. Paid $105,000 cash to reduce the long-term notes payable. f. Issued 5,100 shares of common stock for $20 cash per share. g. Declared and paid cash dividends of $215,100 g the income statement, the comparative balance sheet, and the additional information given above, reconstruct the entries for the summarized activity of the current fiscal year. Upon completion, the trial balance tab should agree with the December 31 2017 balances. 2/21/201) | Saus Cash Aucount pouade 24, DOD