Use Kriner Company data for questions $12$ through $16.$

Note: For your convenience the Kriner Company data is supplied on a separate Green sheat This allows you to view both the Kriner Statements and questions $12$ thru $16$ simultaneously.

$12.$ When the equipment was sold, the Buildings and Equipment account received a credit of

a$.$ $$96,000.$

b$.$ $$208,000.$

c$.$ $$160,000.$

d$.$ $$112,000.$

$13.$ The book value of the buildings and equipment at December $31,2011$ was

a$.$ $$1,016,000.$

b$.$ $$1,040,000.$

c$.$ $$1,424,000.$

d$.$ $$1,176,000$

$14.$ The accounts payable at December $31,2011$ were

a$.$ $$88,000.$

b$.$ $$218,000.$

c$.$ $$64,000.$

d$.$ $$296,000.$

$15.$ The balance in the Retained Earnings account at December $31,2011$ was

a$.$ $$360,000,$

b$.$ $$880,000$

c$.$ $$760,000.$

d$.$ $$1,000,000.$

$16.$ Capital stock $($plus any additional paid$-$in capital$)$ at December $31,2011$ was

a $$800,000.$

b$.$ $$920,000.$

c$.$ $$520,000.$

d$.$ $$1,240,000,$