Foniyth Co. had the following financial data related to the year ended March 31, 2019 Income Statement Information: $479,892 Sales Cost of goods sold Depreciation expense Other cash expenses Income taxes expense Interest expense Loss on sale of equipment Net income $161,644 58,800 17,374 10,185 3,822 16.800 268,625 $21.267 Balance Sheet Information: as at March 31 Cash Accounts receivable Inventories Long-term investments Equipment Accumulated depreciation Total Assets 2012 $142,740 126,360 146,250 111,800 351.000 (65.000 5813150 2018 $46,080 58,800 123,420 112.800 291.000 62.400 $569.700 S130.000 21.450 Accounts payable Taxes payable Long-term Bonds payable Common shares Retained eaming Total Liab. & SE 97.500 260.000 30/200 SX130130 S80,760 20.400 132.000 210.000 16.3:40 S5200 Aditional infatti One piece of equipment was sold for cash during the year. pe of equipment was purchased to 1000 cash and comme shares $15.000 total cost), som bonded touch or during the out unidend pada Sumcome the recorded alus SOTH A should stand at the Forsyth Co. had the following financial data related to the year ended March 31, Income Statement Information: $479,892 Sales Cost of goods sold Depreciation expense Other cash expenses Income taxes expense Interest expense Loss on sale of equipment Net income $161,644 58,800 17,374 10,185 3,822 16.800 268,625 $211.267 Balance Sheet Information: as at March 31 Cash Accounts receivable Inventories Long-term investments Equipment Accumulated depreciation Total Assets 2019 $142,740 126,360 146,250 111.800 2018 $46,080 58.800 123.420 112.800 351.000 165.000) SX13,150 291.000 (62.400) S569.700 ACCOWSTCe vare Inventories Long-term investments Equipment Accumulated depreciation Total Assets T20;DO 146,250 111,800 351,000 (65.000) $813.150 DOMOV 123,420 112,800 291,000 (62,400) S569.700 Accounts payable Taxes payable Long-term Bonds payable Common shares Retained earnings Total Liab. & S/E $130,000 21,450 97,500 260,000 304.200 $813.150 $80,760 20,400 132,000 210,000 126.540 S569.700 Additional information: 1 One piece of equipment was sold (for cash) during the year. 2. One piece of equipment was purchased for $113,000 cash and $40,000 in common shares ($153,000 total cost). 3 Some bonds payable were retired (repurchased or paid oft) during the year. Cash dividends were paid. 5. Some Long-term investments were sold for their recorded value. NOTE: Any non-cash investing & or financing activity items should be mentioned at the boltom of the cashflow statement