Sunland Company reported the following amounts in the stockholders' equity section of its December 31,2024,...

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Accounting

Sunland Company reported the following amounts in the stockholders' equity section of its December 31,2024, balance sheet.
During 2025, Sunland took part in the following transactions concerning stockholders' equity.
Paid the annual 2024$10 per share dividend on preferred stock and a $2 per share dividend on common stock. These
dividends had been declared on December 31,2024.
Purchased 1,700 shares of its own outstanding common stock for $41 per share. Sunland uses the cost method.
Reissued 600 treasury shares for land valued at $28,400.
Issued 480 shares of preferred stock at $103 per share.
Declared a 10% stock dividend on the outstanding common stock when the stock is selling for $44 per share.
Issued the stock dividend.
Declared the annual 2025$10 per share dividend on preferred stock and the $2 per share dividend on common stock. These
dividends are payable in 2026.
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