The township and range system established a gridlike pattern for much of present day land use9/16/2023 ![]() Dutton e-Education Institute Ryan Baxter, Senior Research Assistant, John A. Instructors and contributors: Jim Sloan, Senior Lecturer, John A. Dutton e-Education Institute, and Director of Education, Industry Solutions, Esri. Net income $ ? Cost of goods sold $ 115, 000 Payment of dividends 6, 300 Other operating expenses 41, 000 Proceeds from the issuance Purchase of equipment of common stock 20, 000 with cash 36, 000 Sales revenue 223, 000 Increase in current liabilities 6, 000 Increase in current assets Payment of note payable 31, 000 other than cash 37, 000 Proceeds from sale of land 34, 000 Purchase of treasury stock 8, 000 Depreciation expense 12, 000 \begin Elan Corporation accountants have assembled the following data for the year ended June 30, 2018:
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