Assets Cash Accounts receivable Equipment Less: Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity. Accounts payable Common stock Retained earnings Concord Inc. Balance Sheets Total Dec. 31, 2025 $49,500 100,100 42,900 18,700 $173,800 $ 22,000 110,000 41,800 $173,800 Jan. 1, 2025 $14,300 96,800 24,200 12,100 $123,200 $16,500 88,000 18,700 $123,200 Inc./Dec. $35,200 Inc. 3,300 Inc. 18,700 Inc. 6,600 Inc. $5,500 Inc. 22,000 Inc. 23,100 Inc.

\begin{tabular}{|c|c|c|c|c|} \hline & incordInc.anceSheets & & & \\ \hline & Dec. 31,2025 & Jan. 1, 2025 & \multicolumn{2}{|c|}{ Inc./Dec. } \\ \hline \multicolumn{5}{|l|}{ Assets } \\ \hline Cash & $49,500 & $14,300 & $35,200 & Inc. \\ \hline Accounts receivable & 100,100 & 96.800 & 3,300 & Inc. \\ \hline Equipment & 42,900 & 24,200 & 18,700 & Inc: \\ \hline Less: Accumulated depreciation-equipment & 18,700 & 12,100 & 6.600 & Inc. \\ \hline & $173,800 & $123,200 & & \\ \hline Liabilities and Stockholders' Equity. & & & & \\ \hline Accounts payable & $22,000 & $16,500 & $5,500 & Inc. \\ \hline Common stock & 110,000 & 88,000 & 22,000 & lnc \\ \hline Retained earnings & 41,800 & 18,700 & 23,100 & Inc. \\ \hline Total & $173,800 & $123.200 & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline & incordInc.anceSheets & & & \\ \hline & Dec. 31,2025 & Jan. 1, 2025 & \multicolumn{2}{|c|}{ Inc./Dec. } \\ \hline \multicolumn{5}{|l|}{ Assets } \\ \hline Cash & $49,500 & $14,300 & $35,200 & Inc. \\ \hline Accounts receivable & 100,100 & 96.800 & 3,300 & Inc. \\ \hline Equipment & 42,900 & 24,200 & 18,700 & Inc: \\ \hline Less: Accumulated depreciation-equipment & 18,700 & 12,100 & 6.600 & Inc. \\ \hline & $173,800 & $123,200 & & \\ \hline Liabilities and Stockholders' Equity. & & & & \\ \hline Accounts payable & $22,000 & $16,500 & $5,500 & Inc. \\ \hline Common stock & 110,000 & 88,000 & 22,000 & lnc \\ \hline Retained earnings & 41,800 & 18,700 & 23,100 & Inc. \\ \hline Total & $173,800 & $123.200 & & \\ \hline \end{tabular}