INCOMESTATEMENT

For the Year Ended December $31,2025$

The following additional data were provided:

Dividends for the year $2025$ were $$218000.$

During the year, equipment was sold for $$239000.$ This equipment cost $$352000$ originaly and had a book value of $$289000$ at

the time of sale. The loss on sale was incorrectly chareed to cost of sales.

All depreciation expense is in the selling experse category.