Transaction Data for 2018: Issuance of common stock for cash Depreciation expense Purchase of equipment with cash Acquisition of land by issuing long-term notes payable Book value of building sold $ 38,000 Payment of notes payable 24,000 Payment of cash dividends 74.000 Issuance of notes payable to borrow cash 119.000 Gain on sale of building 54 000 Not income I Done 2018 2017 Current Assets Cash 99,400 $ 64,100 83,000 25,000 69,700 75.000 Accounts Receivable Merchandise Inventory Current Liabilities Accounts Payable Income Tax Payable 57,600 14,800 55,200 16,800 Print Done Transaction Data for 2018: Issuance of common stock for cash Depreciation expense Purchase of equipment with cash Acquisition of land by issuing long-term notes payable Book value of building sold $ 38,000 Payment of notes payable 24,000 Payment of cash dividends 74.000 Issuance of notes payable to borrow cash 119.000 Gain on sale of building 54 000 Not income I Done 2018 2017 Current Assets Cash 99,400 $ 64,100 83,000 25,000 69,700 75.000 Accounts Receivable Merchandise Inventory Current Liabilities Accounts Payable Income Tax Payable 57,600 14,800 55,200 16,800 Print Done