Dior Company had beginning balances at January 1, 2019, of ($100.000) Common Stock, ($900.000) Paid-in Capital in

Question:

Dior Company had beginning balances at January 1, 2019, of $$100.000$ Common Stock, $$900.000$ Paid-in Capital in Excess of Par Value, $$50.000$ Retained Earnings, and $$10,000$ Treasury Stock. Net income for the year was $$30,000.$ Dior paid a cash dividend of $$8,000.$ Dior also issued 1,000 new $$1$ par value common shares for $$15$ each. Required Prepare a statement of stockholders' equity for the Dior Company for 2019.

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