The records of Sylvia Company show the following at December 31, 2025: Assets & Liabilities: Beginning: Assets Liabilities Ending: Assets Liabilities $ 45,000 $ 55,000 38,000 Equity: Common Stock Dividends 29,000 Revenues Expenses Retained Earnings, January 1, 2025 $ 10,000 19,000 242,000 ? 6,000 Requirements 1. Compute the missing amount for Sylvia Company. You will need to determine Retained Earnings, December 31, 2025, and total stockholders’ equity, December 31, 2025. 2. Did Sylvia Company earn a net income or suffer a net loss for the year ? Compute the amount