View Policies At December 31, 20X5, Salo Corp's balance sheet accounts increased by the following amounts compared with those at the end of the prior year: A=L+E C AA ALTAE BRA,000 BBQ boll The only charge to retained earnings during 20X5 was for a dividend payment of $26,000. Net income for 20X5 amounted to Assets Liabilities Capital stock Additional paid-in capital $18,000 $8,000 $34,000 $26,000 $178,000 54,000 120,000 12,000

At December 31,205, Salo Corp's balance sheet accounts increased by the following amounts compared with those at the end of the prior year: The only charge to retained earnings during 205 was for a dividend payment of $26,000. Net income for 205 amounted to $18,000$8,000$34,000$26,000