Required information Assets Cash Accounts receivable Inventory Buildings December 31 Year Increase (Decrease) 2025 2024 Amount % $ 2,640,000 $ 990,000 1,820,000 1,512,000 3,300,000 2,178,000 14,400,000 14,400,000 (2,160,000) (1,080,000) Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable $ 20,000,000 $ 18,000,000 Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity $ 1,640,000 $ 2,178,000 1,900,000 1,160,000 9,360,000 9,360,000 5,302,000 7,100,000 $ 20,000,000 $ 18,000,000