Question: please do the balance sheet the same exact format ad provided. thank you! Partial Balance Sheet December 31. 2025 $ $ $ On December 31,2024,




Partial Balance Sheet December 31. 2025 $ $ $ On December 31,2024, Sunland Company had 1,360,000 shares of $5 par common stock issued and outstanding. At December 31 , 2024, stockholders' equity had the amounts listed here. Transactions during 2025 and other information related to stockholders' equity accounts were as follows. 1. On January 10, issued at $105 per share 111,000 shares of $100 par value, 9% cumulative preferred stock. 2. On February 8 , reacquired 14,100 shares of its common stock for $10 per share. 3. On May 9, declared the yearly cash dividend on preferred stock, payable June 10, to stockholders of record on May 31. 4. On June 8, declared a cash dividend of $1.80 per share on the common stock outstanding, payable on July 10 to stockholders of record on July 1. 5. Net income for 2025 was $3,695,000. Date Account Titles and Explanation \begin{tabular}{|l|l|} \hline Jan10 & Cash \\ \hline \end{tabular} Paid-in Capital in Excess of Par-Preferred Stock Preferred Stock Dividends Payable 11100000 141000 2422620 Dividends Payable 2422620 999000 Cash Jul. 10 Dividends Payable 2422620 Cash 2422620 Du. 10 Dividends Payable Cash 2422620 Dividends Payable
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