Golden Corporation's current year income statement, comparative balance sheets, and additional information foliow. For the year, (1) all sales are credit sales, (2) all credits to Accounts Recelvable reflect cash recelpts from customers, (3) all purchases of inventory are on credit, (4) ail debits to Accounts Payable reflect cash payments for inventory, and (5) arny change in income Taxes Payable reflects the occrual and cash payment of taxes Additional Information on Current Year Transactions Q. Purchased equipment for $59,700 cash. b. Issued 13,400 shares of common stock for $5 cash per share. c. Declared and paid $103,000 in cash dividends. Requlred