The comparative balance sheets of Posner Company, for Years 1 and 2 ended December 31, appear belore in condensed forms: The income satement for the curent viar is as follows: The income statement for the current year is as follows: Addibonal data for the current year are as foilows a. Fuly depreciated equipment costing 560,000 was scrapped, no lakage, and new equipment was purchased for $383,200 6. Bends psrable for $100,000 were retired by payment at their face amount e 5,000 sheres of common stod mere hsued at sia for cash. d. Cash dividends dedared and paid, 125,000 . payments, decreases in cath, or any negative adjustments