Quirinal camination 20 X + e.com/course/4160/quizzes/71584/question Question 8 16 pts Dari Corporation's comparative balance sheets are presented below DARI CORPORATION Comparative Balance Sheets December 31 2020 2019 Cash $ 18,700 $ 22.700 Accounts receivable 24,700 22.300 Land 16,000 25,000 59.000 114.500) Equipment 70,000 Accumulated depreciation (10.0001 Total $112.900 $121.000 $.13.600 $11.100 Accounts payable Bonds payable 6,000 30,000 50.000 Common stock 45.000 Retained earnings 43.300 34.900 Total $12.900 5121.000 Additional information 1. Net Income was $20.700. Dividends declared and paid were $12.300. 2. Equipment which had a book value of $9.000 was sold for $4,000, resulting in a $5,000 loss to the company. 3. Depreciation expense for the year is $6,500 MacBook Pro G Search or type URL Quirinal camination 20 X + e.com/course/4160/quizzes/71584/question Question 8 16 pts Dari Corporation's comparative balance sheets are presented below DARI CORPORATION Comparative Balance Sheets December 31 2020 2019 Cash $ 18,700 $ 22.700 Accounts receivable 24,700 22.300 Land 16,000 25,000 59.000 114.500) Equipment 70,000 Accumulated depreciation (10.0001 Total $112.900 $121.000 $.13.600 $11.100 Accounts payable Bonds payable 6,000 30,000 50.000 Common stock 45.000 Retained earnings 43.300 34.900 Total $12.900 5121.000 Additional information 1. Net Income was $20.700. Dividends declared and paid were $12.300. 2. Equipment which had a book value of $9.000 was sold for $4,000, resulting in a $5,000 loss to the company. 3. Depreciation expense for the year is $6,500 MacBook Pro G Search or type URL