Teal Inc had the following condansed balance shast at the end of cosratisns for $2024.$

During $2025,$ the following occurred.

A tract of land was purchased for $$9,000.$

Bonds payable in the amount of $$15,000$ vere redeemed at par.

An additional $$9,900$ in common stock was issued at par.

Dividends totaling $$9,400$ ware paid to stockholders.

Net income was $$30,600$ aftar allowing depreciation of $$13,500.$

Land was purchased through the issuance of $$22,700$ in bonds.

Teal Inc. sold part of its invastmant portfolio for $$12,700.$ This transaction resultad in a

unrealized qains or loses were recorded on these investments in $2025.$

Both current assets $($othar than cash$)$ and current liabilities remainsd at the same amo.