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Condensed financial data of Swifty Inc. follow. Additional information: 1. New plant assets costing $80,500 were purchased for cash during the year. 2. Old plant

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Condensed financial data of Swifty Inc. follow. Additional information: 1. New plant assets costing $80,500 were purchased for cash during the year. 2. Old plant assets having an original cost of $49,200 and accumulated depreciation of $38,800 were sold for $2,900 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $31,700 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions. 10000m

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