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3. Dennis Company has the following information throughout year 2018: - Beginning cash balance on January 1, 2018 was RM17,000 - Plant assets with a book value of RM40,000 (cost RM10,000 and accumulated depreciation RM0) were sold for RM140,000 - Plant assets were acquired for RM52,000 cash - Issued common stock for RM28,000 - Issued long-term notes payable for RM34,000 - Repaid long-term notes payable for RM40,000 - Purchased treasury stock for RM3,000 - Paid dividends of RM10,000 - Sold merchandise inventory for RM28,000 - Received RM400,000 from customers - Payment of short-term note payable RM2,000 - Payment to suppliers RM20,000 - Payment to employees RM90,000