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Condensed financial data of Sunland Company follow. 1. 15,000 or in Additional information: 1. New plant assets costing $80,900 were purchased for cash during the

image text in transcribedimage text in transcribedimage text in transcribed Condensed financial data of Sunland Company follow. 1. 15,000 or in Additional information: 1. New plant assets costing $80,900 were purchased for cash during the year. 2. Old plant assets having an original cost of $48,800 and accumulated depreciation of $38,300 were sold for $3,000 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $33,700 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions

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