The following accounts and corresponding balances were drawn from Delsey Company's Year 2 and Year 1 year-end balance sheets. Account Title Investment securities Machinery Land Year 2 $102,200 Year 1 $117,500 528,000 141,400 427,100 100,000 Other information drawn from the accounting records: 1. Delsey incurred a $1,430 loss on the sale of investment securities during Year 2. 2. Old machinery with a book value of $4,640 (cost of $25,130 minus accumulated depreciation of $20,490) was sold. The income statement showed a gain on the sale of machinery of $4,350. 3. Delsey did not sell land during the year.