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Ivanhoe Company compiled the following financial information as of December 31, 2025 : {:[" Service...

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Accounting

Ivanhoe Company compiled the following financial information as of December 31, 2025 : {:[" Service revenue ",$840000],[" Common stock ",175000],[" Equipment ",248000],[" Operating expenses ",742000],[" Cash ",210000],[" Dividends ",56000],[" Supplies ",33000],[" Accounts payable ",105000],[" Accounts receivable ",91000],[" Retained earnings, 1/1/2025 ",260000]:} Ivanhoe's retained earnings balance on December 31, 2025 is $302000. $358000. $33000. $260000

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