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Gadadhar's sports company reported the following information for the current year: Purchased a long - term investment for cash, $ 2 2 , 8 0

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Gadadhar's sports company reported the following information for the current year:
Purchased a long-term investment for cash, $22,800.
Paid cash dividend, $13,300.
Sold equipment for $12,500 ?cash (cost, ?$34,000, ?accumulated depreciation, $21,500). ?Issued shares of no-par stock, 600 ?shares at $10 ?per share cash.
Net income was $26,700.
Depreciation expense was $4,300.
\table[[,?3,100,25,700],[Accounts recelrable,35,000,35,000],[Merchandise invertory,82,800,74,500],[Imvestments,22,600,0],[Equiprent,87,000,121,000],[Acoumulated depreciation,(16,100),(33,300)
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