Question: need help please thank you! Presented here are the financial statements of Monty Company Additional data: 1. Depreciation expense was $16,100 2. Dividends declared and
need help please thank you!


Presented here are the financial statements of Monty Company Additional data: 1. Depreciation expense was $16,100 2. Dividends declared and paid were $23,900. 3. During the year equipment was sold for $7,600 cash. This equipment cost $17,300 originally and had accumulated depreciation of $9,700 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash
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