The following accounts and corresponding balances were drawn from Delsey Companys 2017 and 2016 year-end balance sheets:

Account Title	2017			2016
Investment securities	$	105,500		$	115,400
Machinery		522,800			426,900
Land		143,700			91,300

Other information drawn from the accounting records:

1.	Delsey incurred a $1,290 loss on the sale of investment securities during 2017.
2.	Old machinery with a book value of $4,200 (cost of $25,380 minus accumulated depreciation of $21,180) was sold. The income statement showed a gain on the sale of machinery of $4,470.
3.	Delsey did not sell land during the year.