Mikos incAdditional information is as follows: Land was sold for cash at its carrying amount. Mikos sells its short-term investments within three months of purchasing them. Cash dividends were declared and paid in 2024. New equipment with a cost of $167,500 was purchased for cash, and old equipment was sold at its carrying amount. Long-term notes of $17,500 were paid in cash, and notes of $37,500 were converted to shares