The following selected account balances were taken from ABC Company's general ledger at January 1, 2011 and December 31, 2011:

                                        January 1, 2011       December 31, 2011

Accounts receivable                  52,000                36,000 
Cash                                         23,000                47,000
Inventory                                  31,000                18,000
Accounts payable                     11,000                37,000 
Equipment                                123,000               144,000
Salaries payable                         2,000                 4,000
Investments                              42,000                  ?
Land                                         91,000                31,000
Mortgage payable                    111,000                60,000
Common stock                          110,000               125,000
Retained earnings                      32,000                37,000

Additional information for 2011 appears below:

1.  ABC Company reported net cash inflows from operating activities of $60,000 and net cash outflows from
    financing activities of $87,000 
2.  ABC Company sold land costing $60,000 and recorded an $8,000 loss on the sale
3.  ABC Company purchased equipment for $21,000 cash
4.  ABC Company purchased investments for $60,000 cash and sold investments and reported a $25,000 gain on
    the sale

5. Calculate the balance in the investments account at December 31, 2011.