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  3. a. beginning and ending plant assets, net, are $99

a. Beginning and ending Plant Assets, Net, are $99,000 and $92,000, respectively. Depreciation for the...

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Accounting

a. Beginning and ending Plant Assets, Net, are $99,000 and $92,000, respectively. Depreciation for the period was $11,000, and purchases of new plant assets were $23,000. Plant assets were sold at a $7,000 gain. What were the cash proceeds of the sale? b. Beginning and ending Retained Earnings are $37,000 and $74,000, respectively. Net income for the period was $61,000, and stock dividends were $14,000. How much were cash dividends

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