You are provided with the following information for Cullumber Company, effective as of its April 30, 2025, year-end. Accounts payable $874 Accounts receivable 950 Accumulated depreciation-equipment 660 Cash 1,340 Common stock 16.200 Cost of goods sold 1,100 Depreciation expense 360 Dividends 350 Equipment 2,510 Goodwill 1,500 Income tax expense 185 Income taxes payable 165 Insurance expense 350 Interest expense 560 Inventory 950 Investment in land 14,270 Land 3,000 Mortgage payable (long-term) 3,700 Notes payable (short-term) 71 L