Presented here are the financial statements of Flint Company. Additional data: 1. Depraciation expense was $50,750. 2. Dividends deslared and paid ware $58,000. 3. During the year, equipment was sold for $24,650 cash. This aquipment orizinally cost $52,200 and had accumulated depreciation of $27,550 at the time of zale. 4. Bonds ware redeamad at thair carrying value. 5. Common stock was issusd at par for cash. D