The following is a condensed version of the comparative balance sheets for Indigo Corporation for the last two years at December 31.

Cash

Accounts receivable

Investments

Equipment

Accumulated depreciation-equipment

Current liabilities

Common stock

Retained earnings

2025

$292,050

297.000

85,800

491,700

(174,900)

221.100

264,000

506.550

$128,700

305.250

122,100

396,000

(146,850)

249.150

264.000

292,050

Additional information:

Investments were sold at a loss of $16,500; no equipment was sold; cash dividends paid were $49,500; and net income was $264,000.

The following is a condensed version of the comparative halance sheets for Indigo Corporation for the last two years at December 31 . Aloitional iniormst: Imentmenti were wold at o los of 516.590, no equipment was sold enhididends paid were $49.500; and net income war 5264.000. (a) -15.000 or in perentheali es (15,000iy)