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PLEASE HELP!! The following additional information was taken from the records: The investments were sold for $105,000 cash. Equipment and land were acquired for cash.

image text in transcribedPLEASE HELP!!

The following additional information was taken from the records: The investments were sold for $105,000 cash. Equipment and land were acquired for cash. There were no disposals of equipment during the year. The common stock was issued for cash. There was a $58,140 credit to Retained Earnings for net income. There was a $36,000 debit to Retained Earnings for cash dividends declared. The following additional information was taken from the records: The investments were sold for $105,000 cash. Equipment and land were acquired for cash. There were no disposals of equipment during the year. The common stock was issued for cash. There was a $58,140 credit to Retained Earnings for net income. There was a $36,000 debit to Retained Earnings for cash dividends declared

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