The Income statement, balance sheets, and additional Information for Virtual Gaming Systems are provided. Additional Information for 2024: 1. Purchased additional Investment in stocks for $95,000. 2. Sold land for $62,000. The land originally was purchased for $55,000, resulting in a $7,000 gain belng recorded at the time of the sale. 3. Purchased $30,000 in equipment by Issulng a $30,000 long-term note payable to the seller. No cash was exchanged In the transaction. 4. Declared and pald a cash dividend of $120,000. 5. Issued common stock for $60,000. Requlred