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1. Situation: Monsanto Corporation was incorporated in 2021 . During 2021 , the company issued 100,000 shares of $1 par value common stock for $27
1. Situation: Monsanto Corporation was incorporated in 2021 . During 2021 , the company issued 100,000 shares of $1 par value common stock for $27 per share. During 2022, the company had the following transactions. Note: Nothing is required by the student for this section. Monsanto had net income of $400,000. 3. Balance Sheet Disclosures: Prepare the stockholders' equity section of the balance sheet at EOY 2022 by completing the following schedule (EOY amounts). 1. Situation: Monsanto Corporation was incorporated in 2021 . During 2021 , the company issued 100,000 shares of $1 par value common stock for $27 per share. During 2022, the company had the following transactions. Note: Nothing is required by the student for this section. Monsanto had net income of $400,000. 3. Balance Sheet Disclosures: Prepare the stockholders' equity section of the balance sheet at EOY 2022 by completing the following schedule (EOY amounts)
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