Additional data: 1. Depreciation expense was $10,500. 2. Dividends declared and paid were $12,000 3. During the year, equipment was sold for $5,100 cash. This equipment originaliv cost $10,800 and had accumulated depreciation or $5,700 at the time of sale. 4. Bonds were redeened at their carrvine value. 5. Common stock was hued at par for cash Presented here are the financial statements of Shefheld Company