yestion Fin Jacobs The company's financial statements are presented below , together with some additional information Cost of goods sold 30 . 272.000 Gross profit 14 , 168,000 Wages expense 3 520, 000 Depreciation expense 1055,000 Interest expense 1 672 000 Income tax expense 1 408000 Gain on sale of equipment ( 528 00 0 ) Net income $7 040, 000 2019 Current assets $13 640 000 57 480, 000 Accounts receivable ( net ) 10 120.090 13 640 000 Inventory 14 872 ,000 16 720, 000 Total current assets 38 632 000 37 840,00 Equipment 34 672000 26 400 000 Accumulated depreciation , equipment (5 808 090 ) ( 5 , 632 000 ) Total Assets $67 496 000 858 , 608 , 000Liabilities and shareholders' equity Current liabilities: Accounts payable $10,472,000 $6,160,000 Wages payable 1,056,000 880,000 Total current liabilities 11,528,000 7,040,000 Bonds payable 18,480,000 22,880,000 Common shares 12,320,000 7,920,000 Retained earnings 25,168,000 20,768,000 Total liabilities and shareholders' equity $67,496,000 $58,608,000 DIGIREAD TECHNOLOGIES LTD. Other Selected Financial Information for the Year Ended December 31, 2020 Total sales in 2020 were consistent with the prior year's, and the company's dividend policy has remained consistent for the past five years. 2. During 2020, DTL sold a piece of equipment for $1,848,000. The equipment had originally cost $2,200,000 and had a net carrying amount of $1,320,000 at the time of sale. 3. On August 1, 2020, DTL's board of directors approved the retirement of bonds with a carrying amount $4,400,000 through the issuance of common shares.Supplemental Cash Flow Information: Cash paid for interest Cash paid for Income tax Hen-cash investing and nancing activities: During the year, the company's board of directors approved the retirement of bonds with a carrying amount of $ through the issuance of common shares. Question Attempls: III of 2 used