Dakota Company experienced the following events during Year $2$:Acquired $$10,000$ cash from the issue of common stock.Paid $$10,000$ cash to purchase land.Borrowed $$10,000$ cash.Provided services for $$25,000$ cash.Paid $$1,500$ cash for utilities expense.Paid $$15,000$ cash for other operating expenses.Paid a $$3,000$ cash dividend to the stockholders.Determined that the market value of the land purchased in Event $2$ is now $$12,500.$