Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: The following additional information is avallable about last year's activities: a. Net income for the year was $ ? b. The company sold equipment during the year for $35,000. The equipment originally cost $160,300 and it had $127,000 in accumulated depreciation at the time of sale. c. Cash dividends of $10,700 were declared and paid duting the year. d. The beginning and ending balances in the Plant and Equipment and Accumulated Depreciation accounts are given below: e. The balance in the Cash account at the beginning of the year was $109,500; the balance at the end of the year was: f. If data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change. Yoric Company Statement of Cash Flows Operating activities