Decenther 20 Pay the cash dividend declared on Decenber 1 . Decesber 30 Pay $825,000 for construetfon of new cabins and other faet1itien. Tho-entire expenditure in recorded in the Buildings account. RWP10-1 (Algo) Great Adventures Continuing Case Part 2 2. Great Adventures has net income of $37,538 in 2025. Retained earnings at the beginning of 2025 was $33,950. Prepare the stockholders' equity section of the balance sheet for Great Adventures as of December 31, 2025. (Amounts to be deducted should be indicated with a minus sign.) Required information RWP10-1 (Algo) Great Adventures Continuing Case [The following information applies to the questions displayed below] Tony and Suzie have purchased land for a new camp. Now they need money to build the cabins, dining facility, a ropes course, and an outdoor swimming pool. Tony and Suzie first checked with Summit Bank to see if they could borrow an additional $1 million, but unfortunately the bank turned them down as too risky. Undeterred, they promoted their idea to close friends they had made through the outdoor clinics and TEAM events. They decided to go ahead and sell shares of stock in the company to raise the additional funds for the camp. Great Adventures has authorized $1 par value common stock. When the company began on July 1, 2024, Tony and Suzie each purchosed 10,000 shares (20,000 shares total) of $1 par value common stock at $1 per share. The following transactions affect stockholders' equity during the remainder of 2025 : Novenber's Ionve an additional 110,000 aharen of ocenon intook for $10 per share. Movenber 16 Purchase 11,000 shares of 1ta owa eonnon stoek (f.... treasury stook) for s20 per shate. Noveaber 24 pesel1 5,000 shares of treasury stock at $21 per natare. Decezber 1 Deelare a cash dividend on its coempe stock of $12,400 (so. 10 per share) to all stocitholdars of reeord on becenber 15 . Decenber 20 . Fay the canh dividend declared on Decenber. 1. Decenber 30 . Pay $825,000 for conetruction of nev cebina and other facilities, The entire expenditurn in recorded in the Bufldings account. RWP10-1 (Algo) Great Adventures Continuing Case Part 2 2. Greot Adventures has net income of $37,538 in 2025. Retained earnings at the beginning of 2025 was $33,950. Prepare the stockholders' equity section of the balance sheet for Great Adventures as of December 31, 2025. (Amounts to be deducted should be indicated with a minus sign.)