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17A-4 At the beginning of Year 5, Hydro-Spa Co. has total stockholders' equity of $660,000 and 20,000 outstanding shares of a single class of capital

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17A-4 At the beginning of Year 5, Hydro-Spa Co. has total stockholders' equity of $660,000 and 20,000 outstanding shares of a single class of capital stock. During Year 5, the corporation completes the following transactions affecting its stockholders' equity accounts: Jan. 10. A 10% stock dividend is declared and distributed. (Market price, $40 per share.) Mar. 15 The corporation acquires 1,000 shares of its own capital stock at a cost of $40.50 per share. May 30 All 1,000 shares of the treasury stock are reissued at a price of $44.90 per share. July 31 The capital stock is split, two shares for one. Dec. 15 The board of directors declares a cash dividend of $1.10 per share, payable on January 15 of Year 6. Dec. 31 Net income of $127,600 (equal to $2.90 per share) is reported for Year 5. Instructions Compute the amount of total stockholders' equity, the number of shares of capital stock outstanding, and the book value per share following each transaction Organize your solution as a three column schedule with sea Blumn heamees for TotalStockholders Equty (2Number of Sh 3-5 Outstanding and (3) Book Value por Share

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