The ledger of Flounder Corp. at December 31, 2025, after the books have been closed, contains the following stockholders' equity accounts. A review of the accounting records reveals this information: 1. Preferred stock is 7%,$100 par value, noncumulative. Since January 1,2024,10,500 shares have been outstanding: 21,000 shares are authorized. 2. Commonstock is no-par with a stated value of $6 per share: 590,000 shares are authorized, 3. The January 1,2025, balance in Retained Earnings was $2.275.000 4. On October 1.62.000 shares of common stock were sold for cashat $9 per share. 5. A cash dividend or 5395.000 was declared and properly allocated to preferred and common stock on November 1. No dividends were paid to preferred stockholders in 2024. 6. Net income for the year was $844.000 7. On December 31, 2025, the directors suthorized disclosure of a $155,000 restriction of retained earnings for plant; exparsion, (Use Note A) Reproduce the Retained Earnings account for the year