Sage Inc had the following balance sheet at December 31.2024. During 2025, the following occurred. 1. Sage inc sold part of its debt investment portfolio for $16,260. This transaction resulted in a gain of $4,660 for the firm. The company classifies these investments as available-for-sale. 2. A tract of land was purchased for $16,050 cash. 3. Long-term notes payable in the amount of $17,260 were retired before maturity by paying $17,260 cash. 4. An additional $21.260 in common stock was issued at par. 5. Dividends of $9,460 were declared and paid to stockholders. 6. Net income for 2025 was $35.050 after allowing for depreciation of $12,260. 7. Land was purchesed through the issuance of $38.050 in bonds. 8. At December 31. 2025, Cash was \$40,050, Accounts Recelvable was \$44,650, and Accounts Payable remained at $33,050