Teal Company reported the following information for 2025 . Liabilities and Stockholders' Equity Accounts payable Acerued expenses payable BondspayableCommonstock($1par)Retainedearnings220,000506,000411,400330,000132,000255,200110,000374,000Increase156,200IncreaseDecrease Totals Additionat information: 1. Operating expenses include depreciation expense of $88,000. 2. Land was sold at its book value for cash. 3. Cash dividends of $187,000 were declared and paid in 2025. 4. Equipment with a cost of $365,200 was purchased for cash. Equipment with a cost of $112,200 and a book value of $79,200 was sold for $74,800 cash. 5. Bonds of $110,000 were redeemed at their face value for cash. 6. Common stock ( $1 par) was issued at par for $374,000 cash