Following are selected balance sheet accounts of Sarasota Bros. Corp. at December 31, 2020 and 2019, and the increases or decrease in each account from 2019 to 2020. Also presented is selected income statement information for the year ended December 31, 2020, and additional information. Selected balance sheet accounts Increase Assets 2020 2019 (Decrease) Accounts receivable $34,000 $23,800 $10,200 Property, plant, and equipment 278,900 247,300 31,600 Accumulated depreciation-plant assets (179,700) (165,900 ) (13,800 ) Liabilities and stockholders' equity. 2020 2019 Increase Bonds payable $ 48,600 $46,100 $2,500 Dividends payable 8,100 5,000 3,100 Common stock, $1 par 21,700 19,200 2,500 Additional paid-in capital 8,900 3,000 5,900 Retained earnings 103,100 91,200 11,900 Selected income statement information for the year ended December 31, 2020: Sales revenue $154,100 Depreciation 38,100 Gain on sale of equipment 14,400 Net income 31,100 Additional information: 1. During 2020, equipment costing $45,200 was sold for cash. 2. Accounts receivable relate to sales of merchandise. 3. During 2020, $20,200 of bonds payable were issued in exchange for property, plant, and equipment. There was no amortization of bond discount or premium.