The following information relates to Lonborg Corporation for the year ended December 31,2009: Net income 300,000 Depreciation expense 72,000 Amortization of intangible assets 9,000 Beginning accounts receivable 336,000 Ending accounts receivable 351,000 Beginning inventory 413,000 Ending inventory 450,000 Beginning prepaid expenses 34,000 Ending prepaid expenses 38,000 Beginning accounts payable 95,000 Ending accounts payable 116,000 Purchase of long-term assets for cash 493,000 Cash from issuance of long-term bebt 160,000 Issuance of stock for cash 128,000 Issuance of stock for long-term assets 88,000 Purchase of treasury stock 51,000 Sale of long-term investment at cost 31,000