The comparative balance sheet of Merrick Equipment Co. for December 31, 2021 and 2020, is as follows: December 31, 2021 December 31, 2020 Assets Cash $70,720 $57,940 Accounts receivable (net) 206,230 188,190 Inventories 299,520 289,850 Investments 0 102,000 Land 295,800 0 Equipment 438,600 358,020 Accumulated depreciation-equipment (99,110) (84,320) $1,211,760 $911,680 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $205,700 $194,140 Accrued expenses payable (operating expenses) 30,600 26,860 Dividends payable 25,500 20,400 Common stock, $1 par 202,000 102,000 Paid-in capital: Excess of issue price over par-common stock 339,000 204,000 Retained earnings 408,960 364,280 $1,211,760 $911,680 Additional data obtained from an examination of the accounts in the ledger for 2021 are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $91,800 cash. d. The common stock was issued for cash. e. There was a $146,680 credit to Retained Earnings for net income. f. There was a $102,000 debit to Retained Earnings for cash dividends declared. Questions related to the information provided by Merrick Equipment Co. (the preceding page). (5 Points) How many shares of common stock were sold in 2021? For what amount were the above shares sold (how much)? How much was the depreciation expense in 2021? What was the amount of equipment purchased in 2021? Did the investments sell for a gain or loss? If so, what is the amount