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Sarasota Corp. ' s balance sheet accounts as of December 3 1 , 2 0 2 5 and 2 0 2 4 and information relating
Sarasota Corp.s balance sheet accounts as of December and and information relating to activities are presente
below.
Assets
Information relating to activities:
Net income for was $
Cash dividends of $ were declared and paid in
Equipment costing $ and having a carrying amount of $ was sold in for $
A longterm investment was sold in for $ There were no other transactions affecting longterm investments in
shares of common stock were issued in for $ a share.
Shortterm investments consist of treasury bills AF debt securities maturing on
Net cash provided by Sarasota's financing activities was
$
$
$
$
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