Danton Corporaion hrs provided the following information for the year ended December 31,2024. Additional information provided by the company includes the following: Equipment costing $30,000 was purchased for cash. Equipment with a net book value of $15,000 was sold for $16,000. Depreciation expense of $10,000 was recorded during the year. During 2024, the company repaid $40,000 of long-term notes payable. During 2024, the company bontowed $30,000 on a new long-term note payable. Common Stock was issued for cash. There were no stock retirements during the yean. Thigre wee tro sales of treasury stock during the year. All sales are on credit. Danton Corporaion hrs provided the following information for the year ended December 31,2024. Additional information provided by the company includes the following: Equipment costing $30,000 was purchased for cash. Equipment with a net book value of $15,000 was sold for $16,000. Depreciation expense of $10,000 was recorded during the year. During 2024, the company repaid $40,000 of long-term notes payable. During 2024, the company bontowed $30,000 on a new long-term note payable. Common Stock was issued for cash. There were no stock retirements during the yean. Thigre wee tro sales of treasury stock during the year. All sales are on credit