Dristell Incorporated had the following activities during the year (all transactions are for cash unless stated otherwise); a. A building with a book value of $417,000 was sold for $517,000. b. Additional common stock was issued for $177,000. c. Dristell purchased its own common stock as treasury stock at a cost of $83,500. d. Land was acquired by issuing a 6%, 10-year, $767,000 note payable to the seller. e. A dividend of $57,000 was paid to shareholders. 1. An investment in Fleet Corporation's common stock was made for $137,000. g. New equipment was purchased for $73,500. h. A $98,500 note payable issued three years ago was paid in full. 1. A loan for $117,000 was made to one of Dristell's suppliers. The supplier plans to repay Dristell this amount plus 10% Interest within 18 months.