Splish Corporations balance sheet at the end of included the following items.
Current assets Cash $
$
Current liabilities
$
Land
Bonds payable
Buildings
Common stock
Equipment
Retained earnings
Accum. depr.buildings
Total
$
Accum. depr.equipment
Patents
Total
$
The following information is available for
Net income was $
Equipment cost $ and accumulated depreciation $ was sold for $
Depreciation expense was $ on the building and $ on equipment.
Patent amortization was $
Current assets other than cash increased by $ Current liabilities increased by $
An addition to the building was completed at a cost of $
A longterm investment in stock was purchased for $
Bonds payable of $ were issued.
Cash dividends of $ were declared and paid.
Treasury stock was purchased at a cost of $
