Reconciling Changes in Balance Sheet Accounts The following table presents selected items from the 2016 and 2015 balance sheets and 2016 income statement of Golden Enterprises, Inc. GOLDEN ENTERPRISES, INC. Selected Balance Sheet Data Selected Income statement Data 2016 2015 2016 Property and Equipment cost 598,190,992 597.369.003 Depreciation Expense $3.876.111 Accumulated Depreciation 76,156,389 72.880 525 Gain on Sale of Property and Equipment 56,446 Retained Earnings 20.738.3 19.049,500 Net Income 3.184.800 Golden Enterprises reported expenditures for property and equipment of $1,182,854 in 2016. In addition, the company acquired property and equipment valued at $239,382 in a noncash transaction in 2016, a. What was the original cost of the property and equipment that Golden Enterprises sold during 2016? $0 What was the accumulated depreciation on that property and equipment at the time of sale? S 0 b. Compute the cash proceeds from the sale of property and equipment in 2016. $0 c. Prepare the journal entry to describe the sale of property and equipment, General Journal Description Debit Credit Cash 0 D D Property and equipment, cost 0 0 0 0 d. Determine the cash dividends paid in 2016. 0