The following items are taken from the financial statements of Sandhill Co. at December 31, 2025. Land $195,900 Accounts receivable 91,500 Supplies 12,100 Cash 83,400 Equipment 263,200 Buildings 45,700 Land improvements 5,300 Notes receivable (due in 2026) 13,100 Accumulated depreciation-land improvements 72,500 Common stock 505,000 Retained earnings (December 31, 2025) 34,300 Accumulated depreciation-buildings 9,600 Accounts payable 86,650 Accumulated depreciation-equipment 18,950 Mortgage payable 10