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Pharoah Corporation's comparative balance sheet is presented below. Assets Cash Accounts receivable Land Building Accumulated depreciation-building Total PHAROAH CORPORATION Balance Sheet December 31 Liabilities and Shareholders' Equity. Accounts payable Common shares Retained earnings Total Additional information: 1. 2. 2024 $16,300 24,170 22,800 $125,970 $14,100 85,500 26,370 $125,970 2023 $12,200 26,680 29,640 79,800 (11,400) $136,920 $35,450 78,660 22,810 $136,920 O Profit for the year was $25,800. Dividends declared and paid were $22,240. No noncash investing and financing activities occurred during 2024.

Pharoah Corporation's comparative balance sheet is presented below. Additionalinformation: 1. Profit for the year was $25,800. Dividends declared and paid were $22,240. 2. No noncash investing and financing activities ocourred during 2024. Additional information: 1. Profit for the year was $25,800. Dividends declared and paid were $22,240. 2 No noncash investing and financing activities occurred during 2024. 3. The land was sold for cash of $5,590, resulting in a loss of $1,250 on the sale of the land. Pharoah Corporation's comparative balance sheet is presented below. Additionalinformation: 1. Profit for the year was $25,800. Dividends declared and paid were $22,240. 2. No noncash investing and financing activities ocourred during 2024. Additional information: 1. Profit for the year was $25,800. Dividends declared and paid were $22,240. 2 No noncash investing and financing activities occurred during 2024. 3. The land was sold for cash of $5,590, resulting in a loss of $1,250 on the sale of the land

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