The income statement disclosed the following items for the current year:

Depreciation expense	$ 36,000
Gain on disposal of equipment	21,000
Net income	317,500

Balances of the current assets and current liabilities accounts changed between December 31, last year, and December 31, this year, as follows:

Increase in accounts receivable	$5,600
Decrease in inventory	3,200
Decrease in prepaid insurance	1,200
Decrease in account payable	3,800
Increase in income taxes payable	1,200
Increase in dividends payable	850