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Business, 06.04.2021 01:00 Leggett3146

Sold land that cost $35,300 for $39,300. Sold equipment that cost $27,100 and had accumulated depreciation of $23,300 for $21,200. Purchased new equipment for $224,100. Sold marketable securities that were classified as available-for-sale and that cost $46,700 for $82,000. Purchased new marketable securities, classified as available-for-sale, for $121,600. Paid $23,200 on the principal of the long-term note. Paid off a $103,000 bond issue and issued new bonds for $206,000. Sold 100 shares of treasury stock at its cost. Issued some new common stock. Issued some new $50 par preferred stock. Paid dividends. (Note: The only transactions to affect retained earnings were net income and dividends.)

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