Sunland Company reported the following amounts in the stockholders' equity section of its December $31,2024,$ balance sheet.

During $2025,$ Sunland took part in the following transactions concerning stockholders' equity.

Paid the annual $2024$$$10$ per share dividend on preferred stock and a $$2$ per share dividend on common stock. These

dividends had been declared on December $31,2024.$

Purchased $1,700$ shares of its own outstanding common stock for $$41$ per share. Sunland uses the cost method.

Reissued $600$ treasury shares for land valued at $$28,400.$

Issued $480$ shares of preferred stock at $$103$ per share.

Declared a $10\%$ stock dividend on the outstanding common stock when the stock is selling for $$44$ per share.

Issued the stock dividend.

Declared the annual $2025$$$10$ per share dividend on preferred stock and the $$2$ per share dividend on common stock. These

dividends are payable in $2026.$