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Teal Inc had the following condansed balance shast at the end of...

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Accounting

Teal Inc had the following condansed balance shast at the end of cosratisns for 2024.
During 2025, the following occurred.
A tract of land was purchased for $9,000.
Bonds payable in the amount of $15,000 vere redeemed at par.
An additional $9,900 in common stock was issued at par.
Dividends totaling $9,400 ware paid to stockholders.
Net income was $30,600 aftar allowing depreciation of $13,500.
Land was purchased through the issuance of $22,700 in bonds.
Teal Inc. sold part of its invastmant portfolio for $12,700. This transaction resultad in a
unrealized qains or loses were recorded on these investments in 2025.
Both current assets (othar than cash) and current liabilities remainsd at the same amo.
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