Question: a . Beginning and ending Plant Assets , Net , were $ 92,000 and $ 87,000 , respectively Depreciation for the period was $ 13,000

a . Beginning and ending Plant Assets , Net , were $ 92,000 and $ 87,000 , respectively Depreciation for the period was $ 13,000 , and purchases of new plant assets were $ 50,000 Plant assets were sold at a gain of $ 5,000 . What were the cash proceeds of the sale ?

b . Beginning and ending Retained Earnings were $ 44,000 and $ 74,000 , respectively . Net income for the period was $ 48,000 , and stock dividends were $ 12,000 How much were the cash dividends ?

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