The balance sheet data of Alberto company at the end of 2020 and 2021 folle Cash Accounts receivable (net) Merchandise inventory Prepaid expenses Equipment Accumulated depreciation - Equip Land Totals 2021 $90,000 216,000 252,000 36,000 324,000 2020 $126,000 162,000 162,000 90,000 270,000 ($64,800) ($28,800) 324,000 $1,177,200 144,000 $925,200 Accounts payable $244,800 Accrued expenses 43,200 Notes payable long-term Mortgage payable 54,000 Common stock, $10 par 806,400 Retained earnings (deficit) 28,800 $1,177,200 $198,000 64,800 144,000 0 572,400 ($54,000) $925,200 Additional information for 2020- a) Net income for 2021 was $132,00) b) Land was acquired for $180,000 in exchange for common stock, par $180,000. c) Equipment that had cost $15,000 with accumulated depreciation of $10,000 as of disposal time was sold for $6,000 in cash. Additional equipment was purchased in cash. d) Cash dividends of $40,000 were paid during the year. Click here to use Excel. Compute the amount of depreciation expense for 2021. Example of Answer: 4000 (No comma, decimal point, or $ sign.) Answer = A Compute the amount of equipment purchased in 2021. Example of Answer: 4000 (No comma, decimal point, or $ sign.) Answer = A/ Additional information for 2021 Net income for 2021 was $132,000 b) Land was acquired for $180,000 in exchange for common stock, par $180,000. c) Equipment that had cost $15,000 with accumulated depreciation of $10,000 as of disposal time was sold for $6,000 in cash. Additional equipment was purchased in cash. d) Cash dividends of $40,000 were paid during the year. Click here to use Excel. Compute the amount of depreciation expense for 2021. Example of Answer: 4000 (No comma, decimal point, or $ sign.) Answer = A/ Compute the amount of equipment purchased in 2021. Example of Answer: 4000 (No comma, decimal point, or $ sign.) Answer = AJ