A comparative balance sheet for Lomax Company containing data for the last two years is as follows: The following additional information is available about the company's activities during this year: a. The company declared and paid a cash dividend this year. b. Bonds with a principal balance of $394,000 were repaid during this year. c. Equipment was sold during this year for $77,000. The equipment had cost $158,000 and had $56,800 in accumulated depreciation on the date of sale. d. Long-term investments were sold during the year for $138,000. These investments had cost $62,600 when purchased several years ago. e. The subsidiaries did not repav anv outstandina loans durina the vear