The following are Martinez Corp's comparative balance sheet accounts at December 31, 2025 and 2024 , with a columin showing the increase (decrease) from 2024 to 2025 . Additional information: 1. On December 31, 2024. Martinez acquired 25% of Myers Co's commonstock for $277,300. On that date, the carrying value of Myers's assets and liabilities, which approximated their fair values, was \$1.109.200. Myers reported income of $143,200 for the year ended December 31, 2025. No dividend was paid on Myers's common stock during the year. 2. During 2025, Martinez loane $355,300 to TLC Co, an unrelated company. TLC made the first semiannua5 principal repayment of $106,100, plus interest at 10\%6, on December 31, 2025. 3. On January 2, 2025, Martinez sold equipment costing $60,400, with a carrving amount of $38,000, for $40,200cash 4. On December 31, 2025. Martinez entered into a capital lease for an office building The present value of the annual rental payments is $455,900. Which equals the fair value of the buildine Martinez made the first rental payment of $60,200 when due on January 2,2026 5. Netincome for 2025 was $366,800. 6. Martinez declared and paid the following cash dividends for 2025 and 2024