Sunland Company was gganized on January $1,2024.$ During its first year, the corporation issued $2,400$ shares of $$50$ par value preferred stock and $150,000$ shares of $$10$ par value common stock. At December $31,$ the company declared the following cash dividends: $2024,$$$5,200$;$2025,$$$11,900$; and $2026,$ $$28,800.$