ISPN Corporation's recent comparative balance sheet and income statement follow. Additional information 1. $20,000 of dividends was declared and paid in the current year. 2. Equipment costing $66,000, with a book value of $20,000, was sold at book value. New equipment also was purchased; common stock was issued in partial payment, $10,000. 3. Bonds were retired at book value; $500 of bond discount was amortized in the current year. -liahnint