i More Info Transaction data for the year ended June 30, 2018, follows: a. Net income, $71,000 b. Depreciation expense on equipment, $14,000 c. Purchased a long-term investment with cash, $16,800 d. Sold land for $63,600, including a $7,000 loss e. Acquired equipment by issuing a long-term note payable, $15,500 f. Paid off a long-term note payable, $58,600 g. Received cash for the issuance of common stock, $500 h. Paid cash dividends, $7,200 i. Paid off a short-term note payable by issuing common stock, $6,100 Print Done