Required information Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity December 51 2025 Amount % $ 2,655,000 1,320,000 2,775,000 10,050,000 (1,800,000) $ 15,000,000 $ 1,725,000 1,245,000 5,475,000 6,555,000 $ 15,000,000 Amount 2024 $ GA 900,000 1,200,000 1,250,000 10,050,000 (900,000) $ 12,500,000 $ 1,562,500 1,070,000 5,475,000 4,392,500 $ 12,500,000 +