10 minutes

Question 2 [4 points) Benson Inc. had the following balances in its equity accounts at December 31, 2014 Common shares, unlimded shares authorized 178,000 shares issued, and outstanding $2.136.000 Retained carings $275.000 During 2015, the board of directors declared a 2:1 share splt, Prepare the company's equity section at December 31, 2015 assuming a net tons of $38,000 Benson Inc Equity Section of Balance Sheet December 31, 2015 Contributed Capital Common shares, unlimited shares authorized shares issued and outstanding Retained Earnings Total Equity