Question 7 Homework. Unanswered How much was paid for additional land during 2026 if land that had originally been purchased for $1,500 was sold for an $800 gain during the year? 2025 2026 Cash $6,200 $8,000 Accounts receivable $14,000 $18,500 Inventory $4,600 $4,200 Prepaid rent $1,000 $1,400 Equipment $46,000 $46,000 Accumulated deprec. ($12,400) ($14,400) Land $12,000 $13.500 $71,400 $77,200 Accounts payable Utilities payable Salaries payable Notes payable Interest payable Common stock Retained earnings 2025 2026 $8,000 $9,200 $1,000 $2,400 $2,000 $1,800 $40,000 $46,000 $1.300 $1,000 $15,000 $15,000 $4,100 $1,800 $71,400 $77,200 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $800 b $3,700 $3,500 d $3,000