The following three accounts appear in the general ledger of Carla Vista Corp. during $2025.$

The following three accounts appear in the general ledger of Carla Vista Corp. during 2025. Jan. 1 Bal, July 31 Purchase of equipment Sept. 2 Purchase of equipment Bal. Jan. 1 Bal. Nov, 10 Accumulated depreciation on equipment sold Bal. Jan. I Bal. Aug, 23 Dividends (cash) Equipment (20,000 Nov. 10 Cost of equipment sold 94,500 ?19550 615,900 ccumu ated DepreciationEquipment 95,850 Dec. 31 Depreciation for year 66,150 37,800 21,600 112,050 Retained Earnings 141,750 Dec. 31 Net income 18,900 97,200