Tory and Surie have purchesed land for a new camp. Now they fieed money to butld the cabirs, ding facility, an ropes course, and an outdoor swimming pool. Torly and Surie first checked with Surrimit Bank to see if they could borrow an additional $1 millon, but unfortunately the bunk tumed them down as too risky. Undeterred, they promoted their idea to ciose friends they had made fhrough the outooor clinics and TEAM events. They decided to go aheod and sell shares of stock in the company to raise the additional funds for the camp. Grent Adventures has authorized S1 per value common stock. When the cornpany began on July 1,2024 , Tocty and Suzie each purchased 10,000 shares (20,000 shares total of $1 par value common stock at $1 per share. The following transections affect stockholders' equity during the reminder of 2025 : Hoveber 5 Issue an additional 140, 660 shares of cotaod stock for s1e per whare. Novenber 16 Purchase 14, 00e shares of ick own coeon stock (1., treasury stock) for 335 per share. Novebber 24 Resel1 8,009 shares of treasury stock at 530 per share: Decenber 1 Declare a cash dividend an its coenon stock of $15,400,$9.19 per stare) co al1 istacitolders of record on becember 15. Deceaber 20 Pay the cash dividend declared on December 1 December 30 Pay 5900 , oct for construction of new cabins and ather faciaties. The entire expenditure is recorded in the dustoings account. RWP10-1 (Algo) Great Adventures Continuing Case Part 2 2. Great Adventures has net income of $42,647 in 2025 . Retained earnings at the beginning of 2025 was $35.450. Prepare the tocknolders' equity section of the balance sheet for Great Adventures as of December 31, 2025. (Amounts to be deducted should be nidicated with a minus slgnd