The Murdock Corporation reported the following balance sheet data for 2016 and 2015: Total liabilities and shareholders' equity $1,063,975$939,205 Additional information for 2016: Sold available-for-sale securities costing $78,500 for $84,800. Equipment costing $20,000 with a book value of $6,800 was sold for $8,700. Issued 6% bonds payable at face value, $218,000. Purchased new equipment for $163,000 cash. Paid cash dividends of $29,000. Net income was $68,000