Assets Cash Accounts receivable (net) $261,39094,690$240,91086,520 Inventories 267,310256,180 Investments 0 Land 137,1000 Equipment 294,920226,490 Accumulated depreciation-equipment Total assets \begin{tabular}{rrr} (69,050)$986,360(61,080) & & $848,270 \\ \hline \hline \end{tabular} Liabilities and Stockholders' Equity Accounts payable $178,530$167,110 Accrued expenses payable 17,75022,060 Dividends payable Common stock, $10 par Excess of paid-in capital over par Retained earnings Total liabilities and stockholders' equity Additional data obtained from an examination of the accounts in the ledger for 20Y are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $89,330 cash. d. The common stock was issued for cash. e. There was a $72,060 credit to Retained Earnings for net income. f. There was a $39,870 debit to Retained Earnings for cash dividends declared. f ( (