Injection Plastics Company has been operating for three years. At December $31,2023,$ the accounting records reflected the following:

During the year $2024,$ the following summarized transactions were completed:

a$.$ Purchased equipment that cost $$20,600$; paid $$7,300$ cash and signed a one$-$year note for the balance.

b$.$ Issued $3,300$ additional shares for $$19,800$ cash.

c$.$ Lent $$8,300$ to a manager, who signed a two$-$year note.

d$.$ Purchased short$-$term investments for $$10,300$ in cash.

e$.$ Paid $$6,300$ on the note in transaction $($a$).$

f$.$ Borrowed $$13,300$ cash on December $31,2024,$ from the bank and signed a note, payable June $30,2025.$

g$.$ Purchased a patent $($an intangible asset$)$ for $$4,300$ cash.

$h.$ Built an addition to the factory for $$28,900$; paid $$10,300$ in cash and signed a three$-$year note for the balance.

i$.$ Hired a new president at the end of the year. The contract was for $$91,500$ per year plus options to purchase company shares at a

set price based on company performance.

$j.$ Returned defective equipment to the manufacturer, receiving a cash refund of $$2,300.$