The corporation sold at a profit land and a building that had been idle for some time. Under the terms of the sale, the corporation received a portion of the sales price in cash immediately, the balance maturing at $6-$month intervals.

Increased the corporation's $2026$ net income.

Decreased the corporation's $2026$ net income.

Increased the corporation's total retained earnings directly $($i$.$e$.,$ not via net income$).$

Decreased the corporation's total retained earnings directly.

Increased the corporation's current ratio.

Decreased the corporation's current ratio.

Increased each stockholder's proportionate share of total stockholders' equity.

Decreased each stockholder's proportionate share of total stockholders' equity.

Increased each stockholder's equity per share of stock $($book value$).$

Decreased each stockholder's equity per share of stock $($book value$).$

Had none of the foregoing effects.