Denna Company's working capital accounts at the beginning of the year follow: Cash Marketable securities Accounts receivable, net Inventory Prepaid expenses Accounts payable Notes due within one vear Accrued liabilities $ 68,000 $ 26,200 S 345,200 $ 454,800 $ 7,600 $ 196,400 $ 96,000 $ 58,200 During the year, Denna Company completed the following transactions X. Paid a cash dividend previously declared, $28,000 a. Issued additional shares of common stock for cash, $196,000 b. Sold inventory costing $68,400 for $98,000, on account. c. Wrote off uncollectible accounts in the amount of $9,200, reducing the accounts receivable balance accordingly. d. Declared a cash dividend, $28,000 e. Paid accounts payable, $96,800 f. Borrowed cash on a short-term note with the bank, $57,000 g. Sold inventory costing $18,780 for $12,520 cash h. Purchased inventory on account, $48,500 i. Paid off all short-term notes due, $153,000 j. Purchased equipment for cash, $73,400 k. Sold marketable securities costing $16,200 for cash, $13,500 I. Collected cash on accounts receivable, $77,800