December $31$

Change

$2025$

$2024$

Increase$/$Decrease

Assets

$\backslash$table$[[$Cash$,$$$123,900,$$$75,600,$$$48,300,$Increase$],[$Accounts receivable,$130,200,46,200,84,000,$Increase$],[$Inventory$,92,400,-0-,92,400,$Increase$],[$Prepaid expenses,$12,600,8,400,4,200,$Increase$],[$Land$,115,500,147,000,31,500,$Decrease$],[$Buildings$,420,000,420,000,-0-,$No change$],[$Accumulated depreciation$-$buildings,$(44,100),(29,400),14,700,$Increase$],[$Equipment$,384,300,142,800,241,500,$Increase$],[$Accumulated depreciation$-$equipment,$(58,800),(21,000),37,800,$Increase$],[$Totals$,$$$1,176,000,$$$789,600,,],[$Liabilities and Stockholders' Equity,,,,$],[$Accounts payable,$$90,300,$$$84,000,$$$6,300,$Increase$],[$Accrued expenses payable,$0,21,000,21,000,$Decrease$],[$Bonds payable,$210,000,315,000,105,000,$Decrease$],[$Common stock $($$$1$ par$),483,000,126,000,357,000,$Increase$],[$Retained earnings,$392,700,243,600,149,100,$Increase$],[$Totals$,$$$1,176,000,$$$789,600,,]]$

$\backslash$table$[[\backslash$table$[[$Ivanhoe Company$],[$Income Statement$],[$For the Year Ended December $31,2025]]],[$Sales revenue,,$$1,976,100$