Question: additional information: 1 . During 2 0 1 4 , equipment costing $ 4 5 , 0 0 0 was sold for cash. 2 .

additional information: 1. During 2014, equipment costing $45,000 was sold for cash. 2. Accounts receivable relate to sales of merchandise. 3. During 2024, $20,000 of bonds payable were issued in exchange for proper. There was no amoritzation of bond discount or premium.

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