QC12-10 (similar to) The Tonowing normation perdis to around company $ $ 4,000 Net income Depreciation expense Payment of dividends Increase in accounts receivable Collection of long-term notes receivable 27,000 55,000 Increase in accounts payable 12,000 Acquisition of equipment 3,000 with cash. 6,000 Sale of treasury stock. 6,000 Payment of long-term debt. 16,000 Proceeds from sale of land Decrease in inventories 2,000 13,000 Loss on sale of land 43,000 1,000 The net book value of land sold must have been O A. $27,000 OB. $43,000 O c. $59,000 OD. Cannot be determined from the data given