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AP Company Income Statement (in 000 s) For the Year Ended 12/31/18 AP Company Comparative Balance Sheet (in 000 s) Additional Information: 1. Land was purchased for cash of $180,000. 2. Bonds payable were issued in the amount of $600,000 for a new building. 3. A $60,000 cash dividend was declared and paid. 4. Common Stock was issued in the amount of $600,000 cash. 5. Operating expenses includes $195 for depreciation expense