Condensed financial data of Sheridan Company follow. Additional information: 1. New plant assets costing $79,400 were purchased for cash during the year. 2. Old plant assets having an original cost of $45,300 and accumulated depreciation of $34,900 were sold for $2,900 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $15,600 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions