Forsyth 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 S161,644 57,400. 17,374 10,185 3,822 16.100 266.525 $213.367 Balance Sheet Information: as at March 31 Cash Accounts receivable Inventories Long-term investments Equipment Accumulated depreciation Total Assets 2012 $142,740 126,360 146,250 111.800 351,000 165.000) S813.150 2018 $46,080 58,800 123,420 112.800 291,000 (62.400) S569.700 Accounts payable Taxes payable Long-term Bonds payable Common shares Retained earnings Total Liab. & SE $130,000 21.450 97.500 260.000 304.200 5813.150 $80,760 20,400 132,000 210,000 126,540 $569 200 Additional information 1 One piece of equipment was sold (for cash) during the year 2. One piece of equipment was purchased for $115,000 cash and $38,000 in common shares ($153,000 for tost). 3 Some bonds payable were retired (repurchased or paid of) during the year. 4. 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 bottom of the cashflow statement