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

$\backslash$table$[[$Equipment$,],[$Jan$.1$ Bal.,$152,000,$Nov. $10$ Cost of equipment sold$],[$July $31$ Purchase of equipment,$66,500,],[$Sept$.2$ Purchase of equipment,$50,350,],[$Bal$.,222,300,]]$

$\backslash$table$[[,$Accumulated Depreciation$-$Equipment$],[\backslash$table$[[$Nan$.1$ Bal.$],[$Nov$.10$ Accumulated depreciation$],[$on equipment sold$]],67,450,$Dec. $31$ Depreciation for year,$],[$Bal$.,15,200,,],[$Jan$.1$ Bal.,$78,850,,],[$Aug$.23$ Dividends $($cash$),$Retained Earnings,,$],[$Bal$.,99,750,$Dec. $31$ Net income,$]]$