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Sarasota Company manufactures backpacks. During 2 0 2 5 , Sarasota issued bonds at 1 0 % interest and used the cash proceeds to purchase

Sarasota Company manufactures backpacks. During

2025,

Sarasota issued bonds at

10 %

interest and used the cash proceeds to purchase treasury stock. The following financial information is available for Sarasota Company for the years

2025

and

2024 .

\

table

[[, 2025, 2024], [

Sales revenue,$

9, 300, 000,

9, 300, 000

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