The comparathe balance shcets for Marigcld Carporation show the following information. Additional data related to 2020 areas follows 1. Equipment that had cost $10,900 and wari 403 depreciated at time of disposal was sold for $2500. 2. $10,000 of the long term note payable wax paid by ksuing common stock. 3. Cash dividends paid were $4,900 4. On Jaruary 1, 2020, the building was completedy destrayed by a flood. Insurance proceds on the building were $30,100 (ret of $1.900 taxesi) 5. Debt irwestments lawailable for-sale) were sold at $1,700 ibove their cost. The company has made similar sales and imestments in the past. 6. Cash was paid for the acquisition of equipment. 7. A lang-tem note for $16,000 was issued for the acquisitian of equipment. 8. Interest of $2,000 and income taves of $6,400 were paid in cash. A