Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Debits >
Credits by: Credits >
Debits by:
Cash and cash equivalents $ 62,300
Accounts receivable 170,700
Inventory $ 84,100
Prepaid expenses 4,000
Long-term loans to subsidiaries 102,000
Long-term investments 95,000
Plant and equipment 328,000
Accumulated depreciation 65,300
Accounts payable 49,100
Accrued liabilities 5,800
Income taxes payable 9,500
Bonds payable 406,000
Common stock 126,000
Retained earnings 75,800
$ 791,800 $ 791,800

The following additional information is available about last year’s activities:

Net income for the year was $ ? .
The company sold equipment during the year for $35,400. The equipment originally cost $160,900 and it had $127,100 in accumulated depreciation at the time of sale.
Cash dividends of $10,500 were declared and paid during the year.
The beginning and ending balances in the Plant and Equipment and Accumulated Depreciation accounts are given below:

Beginning Ending
Plant and equipment $ 2,867,000 $ 3,195,000
Accumulated depreciation $ 992,100 $ 1,057,400

The balance in the Cash account at the beginning of the year was $109,200; the balance at the end of the year was $ ? .
If data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change.