At December 31, 2025, Flounder Corporation reported the following plant assets. During 2026, the following selected cash transactions occurred. Apr. 1 Purchased land for $4,314,200. May 1 Sold equipment that cost $1,176,600 when purchased on January 1,2019 . The equipment was sold for $333,370. June 1 Sold land for $3,137,600. The land cost $1,961,000. July 1 Purchasedequipment for $2,157,100. Dec 31 Retired equipment that cost $1,372,700 when purchased on December 31,2016 , No salvage value was received. (Toracord depreciation un equientant sol the Toultomert Gan on Piscosest Pant Laast (Ta racord sala of adu pment). Ginen bopbekistiontawe Sait Pichatidiat Beivan