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13 Chaco Company provided the following pertaining to its accounting year that ended December 31, 2022: Transaction 2 pts Amount Sold common stock, par value
13 Chaco Company provided the following pertaining to its accounting year that ended December 31, 2022: Transaction 2 pts Amount Sold common stock, par value $5,000 $ 25,000 Declared cash dividends Paid cash dividends Net income 10,000 7,500 35,000 5% stock dividend distributed, $2,500 par value 11,500 Sold treasury stock, cost $4,500 3,500 What is the amount of net increase in Chaco's additional paid-in capital account during the year 2022? $28,000 $30,000 $12,000 $29,000
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