The following are comparative balance sheets for Blossom Company. Additional information: 1. Net income for 2025 was $251,100. 2. Depreciation expense was $91,800. 3. Cash dividends of $105,300 were declared and paid. 4. Bonds payable with a carrying value of $135,000 were redeemed for $135,000 cash. 5. Common stock was issued at par for $113,400 cash. 6. No equipment was sold during 2025. 7. Land was sold for its book value. ne.g