[The following information applies to the questions displayed below.] Golden Corporation's current year income statement, comparative balance sheets, and additional information follow. For the year, (1) all sales are credit sales, (2) all credits to Accounts Recelvable reflect cash receipts from customers, (3) all purchases of inventory are on credit, (4) all debits to Accounts Payable reflect cash payments for inventory, and (5) any change in income Taxes Payable reflects the accrual and cash payment of taxes. Additional Information on Current Yeor Trensactions a. Purchosed equipment for \\( \\$ 51,200 \\) cash. b. Issued 12.900 shares of common stock for \\( \\$ 5 \\) cosh per share c. Declored and poid \\( \\$ 98,000 \\) in cash dividends: Ne