Blue Lagoon Corporation provides low$-$cost food delivery services to senior citizens. At the end of the year on December $31,2024,$ the company reports the following amounts:

Cash $$1,200$ Service revenue $$64,700$

Equipment $26,000$ Salaries expense $52,800$

Accounts payable $3,800$ Buildings $34,000$

Delivery expense $2,000$ Supplies $2,800$

Rent expense $4,900$ Salaries payable $700$

In addition, the company had common stock of $$34,000$ at the beginning of the year and issued an additional $$3,400$ during the year. The company also had retained earnings of $$17,100$ at the beginning of the year.