View Policies Current Attempt in Progress Presented here are the financial statements of Swifty Company. Question 2 of 2 Additional data: 1. Depreciation expense was $17,300. 2. Dividends declared and paid were $19,860. 3. During the year, equipment was sold for $6,600cash. This equipment originally cost $17,600 and had accumulated depreciation of $11,000 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash