Jaguar Plastics Company has been operating for three years. At December $31$ of last year, the accounting records reflected the following:

Cash $$24,000$ Accounts payable $ $21,000$

Investments $($short$-$term$)2,200$ Accrued liabilities payable $3,500$

Accounts receivable $3,400$ Notes payable $($current$)7,500$

Inventory $29,000$ Notes payable $($noncurrent$)48,000$

Notes receivable $($long$-$term$)1,900$ Long$-$term lease liabilities $65,000$

Equipment $60,000$ Common stock $10,100$

Factory building $109,000$ Additional paid$-$in capital $90,900$

Operating lease right$-$of$-$use assets $150,000$ Retained earnings $137,100$

Intangible assets $3,600$

During the current year, the company had the following summarized activities:

Purchased short$-$term investments for $$7,300$ cash.

Lent $$5,500$ to a supplier, who signed a two$-$year note.

Leased equipment that cost $$24,000$; paid $$5,600$ cash and signed a five$-$year right$-$of$-$use lease for the balance.

Hired a new president at the end of the year. The contract was for $$89,000$ per year plus options to purchase company stock at a set price based on company performance. The new president begins her position on January $1$ of next year.

Issued an additional $2,400$ shares of $$0\mathrm{.}50$ par value common stock for $$19,000$ cash.

Borrowed $$15,000$ cash from a local bank, payable in three months.

Purchased a patent $($an intangible asset$)$ for $$2,900$ cash.

Built an addition to the factory for $$22,000$; paid $$8,800$ in cash and signed a three$-$year note for the balance.

Returned defective equipment to the manufacturer, receiving a cash refund of $$2,800.$