Additional Information for 2025: Land of $520,000 was obtained by issuing a note payable to the seller. Buildings of $806,000 and equipment of $23,060 were purchased using cash. Monthly payments during the year reduced notes payable by $6,362. Issued common stock for $1,020,000. Purchased 10,200 shares of treasury stock for $16 per share. Sold 4,200 shares of treasury stock at $17 per share. Declared and paid a cash dividend of $12,320. Required: Prepare the statement