Selected amounts from Reingold Company's balance sheet from the beginning of the year follow: 67,000 Cash 10,500 Marketable Securities 342,800 Accounts receivable, net 452,200 Inventory Prepaid expenses 7,400 920,000 Plant and equipment, net Accounts payable 194,600 57,300 Accrued liabilities 94,000 Notes due within one year 137,000 Bonds payable in five years During the year, the company completed the following transactions: x. Purchased inventory on account $47,750. a. Declared a cash dividend, $27,000. b. Paid accounts payable, $95,200 c. Collected cash on accounts receivable, $76,700. d. Purchased equipment for cash, $72,600. e. Paid a cash dividend previously declared, $27,000. f. Borrowed cash on a short-term note with the bank, $55,500. g. Sold inventory costing $67,600 for $97,000, on account. h. Wrote off uncollectible accounts in the amount of $8,800 reducing the accounts receivable balance accordingly. i. Sold marketable securities costing $10,500 for cash, $7,800. j. Issued additional shares of common stock for cash, $194,000 k. Paid off all short-term notes due, $149,500