Championship Boxing, Inc Championship Boxing, Inc. is a small manufacturer of cardboard boxes of all sizes. You have reported for your first day of work, and the company is in an uproar. Yearly financial statements are being prepared, but a computer malfunction of the company's new BOX-9000 computer has inadvertently erased parts of the company's balance all related data except the company's statement t cash flows. The IT department is working to retrieve earl er backups, but estimates sheet, along with almost that the reconstruction of the data will take about 24 hours. Unfortunately, financial statements are to be presented at a stockholders' meeting in one hour. The company use the indirect method to prepare its statement of cash flows (rather than the directmeth so your new supervisor believes the missing data for the balance sheet can be prepared using the statement of cash flows. You are assigned this task, since you were top student in your business school class. Meanwhile, the supervisor wil go to the stockholders' meeting and give some introductory remarks. In addition to the statement of cash flows, the following data survived the computer mishap: were sold for $280,000 cash A. The investments B. Equipment was acquired for $151,920 cash. C. Land was acquired for $326,000 cash. D. There were no disposals of equipment during the year. 12,500 shares of mmon stock were sold for cash during the yea F. There was a S96,000 debit to Retained Earnings for cash dividends declared