Current Attempt in Progress

On January $1,2025,$ Carla Vista Inc. had these stockholders' equity balances.

Common Stock, $$1$ par $(2,900,000$ shares authorized, $705,000$ shares issued and outstanding$)$

$$705,000$

Paid$-$in Capital in Excess of Par

$1,762,500$

Retained Earnings

$694,000$

Accumulated Other Comprehensive Income

$53,000$

During $2025,$ the following transactions and events occurred.

Issued $45,500$ shares of $$1$ par value common stock for $$2$ per share.

Issued $65,000$ shares of common stock for cash at $$3$ per share.

Purchased $21,600$ shares of common stock for the treasury at $$3\mathrm{.}40$ per share.

Declared and paid a cash dividend of $$219,000.$

Earned net income of $$407,500.$

Had other comprehensive income of $$16,600.$