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 year Accrued liabilities $ 85,000 $ 25,600 $ 386,000 $ 499,000 $ 18,500 $ 227,000 $ 130,000 $ 73,500 During the year, Denna Company completed the following transactions: x. Paid a cash dividend previously declared, $45,000. a. Issued additional shares of common stock for cash, $230,000. b. Sold inventory costing $82,000 for $115,000, on account. c. Wrote off uncollectible accounts in the amount of $16,000, reducing the accounts receivable balance accordingly. d. Declared a cash dividend, $45,000. e. Paid accounts payable, $124,000. f. Borrowed cash on a short-term note with the bank, $82,500. g. Sold inventory costing $19,500 for $13,000 cash. h. Purchased inventory on account, $61,250. i. Paid off all short-term notes due, $212,500. j. Purchased equipment for cash, $87,000. k. Sold marketable securities costing $15,600 for cash, $13,000. 1. Collected cash on accounts receivable, $96,500.