Crane Pool Corporation reported the following selected information for its 2004 fiscal year. Contributed capital at June

Question:

Crane Pool Corporation reported the following selected information for its 2004 fiscal year.

Contributed capital at June 30, 2003 ......$ 657

Retained earnings at June 30, 2003 ........1,536

Dividends .................. 222

Net income ................ 953

Common stock issued ............ 243

Use this information to prepare a statement of stockholders' equity for Crane Pool for the year ended June 30, 2004.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...