Tony and Suzle have purchased land for a new camp. Now they need money to buld the cabins, dining facility, a ropes course, and an outdoor swimming pool. Tony and Suzle first checked with Summit Bank to see if they could borrow an additional $1 million, but unfortunately the bank turned them down as too risky. Undeterred, they promoted their idea to close frlends they had made through the outdoor cinics and TEAM events. They decided to go ahead and sell shares of stock in the company to raise the additional funds for the camp. Great Adventures has authorized $1 par value common stock. When the company began on July 1, 2024, Tony and Suzle each purchased 10,000 shares (20,000 shares total) of $1 par value common stock at $1 per share. The following transactions affect stockholders' equity during the remainder of 2025 : November 5 Issue an additional 108, 60e shares of common stock for $10 per share. November 16 Purchase 10,800 shares of its own comon stock (1.e., treasury stock) for $19 per share. November 24 Resel1 4,880 shares of treasury stock at $20 per share. December 1 Declare a cash dividend on its common stock of $12,260 ( 50.10 per share) to al1 stockholders of record on December 15. December 20 Pay the cash dividend declared on December 1. December 3e Pay $820,600 for construction of new cabins and other facilities. The entire expenditure is recorded in the Buildings account. RWP10-1 (Algo) Great Adventures Continuing Case Part 2 2. Great Adventures has net income of $37,198 in 2025 . Retained earnings at the beginning of 2025 was $33.850. Prepare the stockholders' equity sectlon of the balance sheet for Great Adventures as of December 31, 2025. (Amounts to be deducted should be indicated with o minus sign.)