During 20X1, Sanchez Company had the following transactions: A. Sold $199,100 of 10 -year bonds issued by Makenzie Inc. B. Acquired land valued at $71,000 in exchange for machinery. C. Sold equipment with original cost of $540,500 for $329,700; accumulated depreciation taken on the equipment to the point of sale was $180,000. D. Purchased new machinery for $119,700. E. Sold common stock in Lemmons Company for $55,400