The following information for the year ended December $31,2024,$ was reported by Nice Bite, Incorporated

$\backslash$table$[[$Accounts Payable,$],[$Accounts Receivable,$48,000],[$Cash $($balance on January $1,2024),25,800],[$Cash $($balance on December $31,2024),99,400],[$Common Stock,$86,000],[$Dividends$,155,000],[$Equipment$,0],[$Income Tax Expense,$139,700],[$Interest Expense,$10,400],[$Inventory$,29,800],[$Notes Payable,$17,500],[$Office Expense,$26,900],[$Prepaid Rent,$14,600],[$Retained Earnings $($beginning$),7,300],[$Salaries and Wages Expense,$7,800],[$Service Revenue,$36,000],[$Utilities Expense,$143,800],[$Salaries and Wages Payable,$25,400],[,11,000],[$Other cash flow information:,$],[$Cash from issuing common stock,$$24,000$