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Tha following ars the financial statsmants of Wildhorss Co.. Additional data: 1. Dividends deslarsd and paid ware $19,400. 2. During the yaar, aquipment was sold

image text in transcribedimage text in transcribed Tha following ars the financial statsmants of Wildhorss Co.. Additional data: 1. Dividends deslarsd and paid ware $19,400. 2. During the yaar, aquipment was sold for $9,900 cash. This aquipment cost $17,900 originally and had a bookvalue of $9,900 at the time of s=12 3. All depreciation expense, $13,700, is in the operating expenses. 4. Bll salas and purchases ars on account. 10

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