The comparative balance sheets of Coronado Corporation at the beginning and end of the year...

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Accounting

The comparative balance sheets of Coronado Corporation at the beginning and end of the year 2025 are as follows. Assets Cash Accounts receivable Equipment Less: Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total Coronado Corporation Balance Sheets 90 888 Dec. 31, 2025 $21,610 107,610 40,610 17,000 $152,830 $21,610 101,610 29,610 $152,830 Jan. 1, 2025 $14,110 89,110 23,110 11,000 $115,330 Inc./Dec. $7,500 Inc. $115,330 18,500 Inc. 17,500 $16,110 $5,500 MacBook Pro Inc. 6,000 Inc. 81,110 20,500 Inc. Inc. 18,110 11,500 Inc. Net income of $45,610 was reported, and dividends of $34,110 were paid in 2025. New equipment was purchased and none was sold.
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The comparative balance sheets of Coronado Corporation at the beginning and end of the year 2025 are as follows

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