Additional information:

The investment in equity securities account includes an investment in common stock of another corporation of $$49,000$ which

management intends to hold for at least three years. The balance of these investments is intended to be sold in the coming year.

The land account includes land which cost $$44,000$ that the company has not used and is currently listed for sale.

The cash account includes $$34,000$ restricted in a fund to pay bonds payable that mature in $2027$ and $$42,000$ restricted in a

three$-$month Treasury bill.

The notes payable account consists of the following:

A$.49,000$ note in fue in six months

B$.$ $$69,000$ note due in six years

C$.69,000$ note due in $5$ annusl installents of $14,800$ each with the next installment due febueary $15,2025$

$5.$ The $79,000$ balance in accounts recievable is jet of an allowance for unollectibke accounts of $6,00$

The common stock account represnts $119,000$ shares per value common stick issued and outstabding. The corporation had $600,00$ shares authorized