information

Balance sheet accounts

Statement of cash flow effects

Current Attempt in Progress Additional information: 1. Net income for 2025 was $144,000. 2. Cash dividends of $67,500 were declared and paid. 3. Bonds payable with a carrying value of $51,000 were redeemed for $51,000 cash. 4. Common stock was issued at par for $59,000 cash. 5. Depreciation expense was $23,600. 6. Sales revenue for the year was $978,000. 7. Land was sold at cost, and equipment was purchased for cash. Balance Balance Sheet Accounts 12/31/24 Debit Debits $ $ Total Credits Balance Balance 12/31/24 Debit Credit 12/31/25 4 5 $ 5 $ Statement of Cash Flow Effects Operating activities 5 $ Investing activities Financing activities Totals Totals ffects $ $