Sunland Inc. is a private company reporting under ASPE. The following selected account balances were reported in Sunland Inc.'s financial statements at year end: Cash Building Equipment Land Accumulated depreciation-building Accumulated depreciation-equipment Dividends payable Mortgage payable Notes payable Common shares: 46,000 shares in 2024; 40,000 in 2023 Retained earnings Cash dividends declared Depreciation expense-buildings Depreciation expense-equipment Gain on sale of equipment Loss on sale of building Interest expense 2024 $ 20,795 799,000 369,420 94,000 289,050 116,560 5,875 512,300 319,600 758,580 188,000 23,500 23,500 46,180 940 9,400 45,355 2023 $ 9,400 705,000 319,600 56,400 282,000 88,360 2,350 549,900 291,400 643,900 94,000 9,400 39,950 25,380 0 0 42,065