Ernie sold Bert land for $$195,000.$ Ernie originally purchased the land for $$180,000,$ resulting in a $$15,000$ gain being recorded by Ernie at the time of the sale.Investing activitiesselected answer correct$2.$ Ernie borrowed $$100,000$ from Bert, signing a three$-$year note payable.Financing activities, Operating activitiesselected answer incorrect$3.$ Ernie purchased $$1$ million in common stock in Bert's Bargain House through a private placement.Investing activities, Financing activitiesselected answer incorrect$4.$ Ernie received a dividend of $$40,000$ from the common stock investment in Bert's Bargain House.