E Data table Net income Payment of dividends Proceeds from the issuance of common stock Sales revenue Decrease in current assets other than cash Purchase of treasury stock $? Cost of goods sold $117,000 5,800 Other operating expenses 32,000 Purchase of equipment with cash 227,000 Decrease in current liabilities 32,000 Payment of note payable 11,000 Proceeds from sale of land Depreciation expense 32,000 37,000 9,000 33,000 26,000 5,000 Print Done