Problem 13-14A Effects of Transactions on Various Ratios LO13-2] Denna Company's working capital accounts at the beginning of the year follow: Cash Marketable securities Accounts receivable, net Inventory Prepaid expenses Accounts payable Notes due within one year Accrued liabilities $ 65,000 $ 27,100 s 338,000 $ 447,000 $ 7,000 $ 191,000 $ 90,000 S 55,500 During the year, Denna Company completed the following transactions x. Paid a cash dividend previously declared, $25.000. a. Issued additional shares of common stock for cash, $190,000. b. Sold inventory costing $66,000 for $95,000, on account. c. Wrote off uncollectible accounts in the amount of $8,000, reducing the accounts receivable balance accordingly d. Declared a cash dividend, $25,000 e. Paid accounts payable, $92,000 f. Borrowed cash on a short-term note with the bank, $52,500. g. Sold inventory costing $19,410 for $12,940 cash h. Purchased inventory on account, $46,250. i. Paid off all short-term notes due, $142,500. j. Purchased equipment for cash, $71,000 k. Sold marketable securities costing $17,100 for cash, $14,250 I. Collected cash on accounts receivable, $74,500