workld=666191539&questionld=1&flushed=false&cld=7701642erwin=yes\ Question 4, EF14-21 (similar to)\ HW Score:\ Part 1 of 4\ Points:\ More info\ a. Acquisition of plant assets is

$120,000

. Of this amount,

$107,000

is paid in cash and

$13,000

by signing a note payable.\ b. Cash receipt from sale of land totals

$28,000

. There was no gain or loss.\ c. Cash receipts from issuanchof common stock total

$33,000

.\ d. Payment of note payable is

$12,000

.\ e. Payment of dividends is

$9,000

.\ f. From the balance sheet:\ \\\\table[[,September 30],[,,2024,2023],[Cash,

$

,

37,000$

,13,340],[Accounts Receivable,,47,000,59,000],[Merchandise Inventory,,93,000,90,000],[Land,,83,000,111,000],[Plant Assets,,160,000,40,000],[Accumulated Depreciation,,

(59,000)

,

(30,000)

a. Acquisition of plant assets is $120,000. Of this amount, $107,000 is paid in cash and $13,000 by signing a note payable. b. Cash receipt from sale of land totals $28,000. There was no gain or loss. c. Cash receipts from issuancetof common stock total $33,000. d. Payment of note payable is $12,000. e. Payment of dividends is $9,000. f. From the balance sheet