Liabilities and Shareholders' EquityAccounts payable$$52,900$Bonds payable$151,900$$$59,200$Common shares$230,000204,900177,000$Retained earnings$202,800123,600$Total$$637,600$$$564,700$Additional information:$1.$ Net income for the fiscal year ended December $31,2023,$ was $$138,000.$Cash dividends of $$58,800$ were declared and paid. Dividends paid are treated as financing activities.Bonds payable amounting to $$53,000$ were retired through the issuance of common shares$\mathrm{.}2\mathrm{.}3\mathrm{.}4.$Land was sold at a gain of $$5,000\mathrm{.}5.$ No equipment was sold during the year.