The 2014 accounting records of Rogan Transport reveal these transactions and events.

Payment of salaries and wages Depreciation expense Proceeds from sale of vehicles Purchase of equipment for cash Loss on sale of vehicles Payment of dividends Payment of operating expenses Payment of interest Cash sales Receipt of dividend revenue $ 10,000 48,000 18,000 53,000 16,000 812,000 Payment of income taxes Net income Payment for merchandise Payment for land Collection of accounts 12,000 38,000 97,000 74,000 22,000 3,000 14,000 28,000 195,000 receivable