Wildhorse Corp. is a private company reporting under ASPE. The following selected accounts are from the general ledger for the year ended December $31,2024$:

$\backslash$table$[[$Equipment$],[$Jan$.1,266,500,,],[$July $31,66,625,$Nov. $10,47,150],[$Dec$.31,285,975,,]]$

Accumulated Depreciation$-$Equipment

$\backslash$table$[[$Nov$.10,38,950,$Jan. $1,119\mathrm{.}925],[,],[$Dec$.31,33,825],[,,$Dec. $31,114,800]]$

Retained Earnings

$\backslash$table$[[,,$Jan. $1,133,250],[$Aug$.23,8,200,$Dec. $31,86,100]]$