Question 3 of 5 < > View Policies -/1 Current Attempt in Progress Following are selected balance sheet accounts of Cullumber Bros. Corp. at December 31, 2020 and 2019, and the increases or decreases in each account from 2019 to 2020. Also presented is selected income statement information for the year ended December 31, 2020, and additional information. Selected balance sheet accounts Assets Accounts receivable 2020 2019 Increase (Decrease) $33,800 $23,800 $10,000 Property, plant, and equipment 276,000 247,600 28,400 Accumulated depreciation-plant assets (177,000 ) (167,200 ) (9,800 ) Liabilities and stockholders' equity 2020 2019 Increase Bonds payable $49,000 $46,100 $2,900 Dividends payable 7,900 5,100 2,800 Common stock, $1 par 22,000 19,200 2,800 Additional paid-in capital 9,100 3,000 6,100 Retained earnings 104,800 91,600 13,200 Selected income statement information for the year ended December 31, 2020: Sales revenue $153,600 Depreciation 37,800 Gain on sale of equipment 14,400 Net income 31,200 Additional information: 1. During 2020, equipment costing $44,700 was sold for cash.