The comparative balance sheets for the Marin Beauty Supply Corporation is presented below:The comparative balance sheets for the Marin Beauty Supply Corporation is presented below:

MARIN BEAUTY SUPPLY CORPORATION

Comparative Balance Sheets

Additional information:

Net loss for $2025$ is $$15,000.$ Net sales for $2025$ are $$290,000.$

Cash dividends of $$14,000$ were declared and paid in $2025.$

Land was sold for cash at a loss of $$3,800.$ This was the only land transaction during the year.

Equipment with a cost of $$18,800$ and accumulated depreciation of $$11,600$ was sold for $$7,200$ cash.

$$13,800$ of bonds were retired during the year at carrying $($book$)$ value.

MARIN BEAUTY SUPPLY CORPORATION

Comparative Balance Sheets

Additional information:

Net loss for $2025$ is $$15,000.$ Net sales for $2025$ are $$290,000.$

Cash dividends of $$14,000$ were declared and paid in $2025.$

Land was sold for cash at a loss of $$3,800.$ This was the only land transaction during the year.

Equipment with a cost of $$18,800$ and accumulated depreciation of $$11,600$ was sold for $$7,200$ cash.

$$13,800$ of bonds were retired during the year at carrying $($book$)$ value.