what types of activites are illistrated in the table and why are they that activity? 4. value: 20.00 points

A

	Transactions	Acti vities
1.	Ernie sold Bert land, originally purchased for $180,000, at a sales price of $195,000, resulting in a gain on sale of land of $15,000.
2.	Ernie borrowed $100,000 from Bert, signing a three-year note payable.
3.	Ernie purchased $1 million in common stock in Bert's Bargain House through a private placement.
4.	Ernie received a dividend of $40,000 from the common stock investment in Bert's Bargain House.