Additional data (ignoring taxes): 1. Net income for the year was $40,700. 2. Cash dividends declared and paid during the year were $20,900. 3. A 20% stock dividend was declared during the year. $25,000 of retained earnings was capitalized. 4. Equity investments (level of ownership is less than 20% ) that cost $24,900 were sold during the year for $28,600. No unrealized gains and losses were recorded on these investments in 2025. 5. Machinery that cost $3,800, on which $750 of depreciation had accumulated, was sold for $2,250. Driole's 2025 income statement follows (ignoring taxes). Comparative balance sheet accounts of Oriole Inc. are presented below. Additional data (ignoring taxes): 1. Net income for the year was $40,700. 2. Cash dividends declared and paid during the year were $20,900. 3. A 20% stock dividend was declared during the year. $25,000 of retained earnings was capitalized. 4. Equity investments (level of ownership is less than 20% ) that cost $24,900 were sold during the year for $28,600. No unrealized gains and losses were recorded on these investments in 2025. 5. Machinery that cost $3,800, on which $750 of depreciation had accumulated, was sold for $2,250. Driole's 2025 income statement follows (ignoring taxes). Comparative balance sheet accounts of Oriole Inc. are presented below