342A (S. Part of 9 VW Score: 64.71% 0.65 of polek Score: 0.65 of 1 Save Starborn Manufacturing Co. completed the following transactions during 2024 Click the icon to view the transactions) Read the requirements Paid in Capital from Treasury Stock Transactions Retained Earnings Treasury Stock-Common Sold treasury stock below cost 5.400 1.000 17,600 Requirement 2. Prepare the Starbom's stockholders' equity section of the balance sheet as of December 31, 2024. Assume that Station was worced to 1000 preferred stock and 400,000 shares of common stock. Both preferred stock and common stock were issued at par The ending balance of and caring as of December 31 2024, is $2.010.000 (Use parentheses or a minus sign for amounts to be subtracted) Starbor Manufacturing, Co. Balance Sheet (Partial) December 31, 2024 Stockholders' Equity Paid-In Capital Preferred Stock-5%. 96 Par Value 950 shares issued and outstanding Common Stock-$3 Par Value, 1,000 shares authorized 950,000 shares authorized shares issued shares outstanding Total Pald-in Capital Retained Earnings Treasury Stock Common shares at cost Total Stockholders' Equity nurnher in the input fields and then click Check Answer the following transactions during 2024 cions.) More Info - X Jan. 16 Declared a cash dividend on the 5%, $96 par noncumulative preferred stock (950 shares outstanding). Declared a $0.30 per share dividend on the 80,000 shares of $6 par value common stock outstanding. The date of record is January 31, and the payment date is February 15 Feb. 15 Paid the cash dividends. Jun. 10 Split common stock 2-for-1. Jul. 30 Declared a 50% stock dividend on the common stock. The market value of the common stock was 58 per share Aug. 15 Distributed the stock dividend. Oct. 26 Purchased 5,400 shares of treasury stock at S11 per share, Nov. 8 Sold 2,700 shares of treasury stock for $13 per share Nov. 30 Sold 1,600 shares of treasury stock for $7 per share ed Print Done non MMMM YOU YOUR Below COST uirement 2. Prepare the Starborn's stockholders' equity section of the balance sheet as of December 31 erred stock and 400,000 shares of common stock. Both preferred stock and common stock were issued at -4 is $2.010.000. (Use parentheses or a minus sign for amounts to be subtracted.) Starborn Manufacturing, Co. Balance Sheet (Partial) December 31, 2024 Stockholders' Equity Paidan Capital Preferred Stock 5% $96 Par Value 1.000 shares authorized 950 shares issued and outstanding Common Stock-$3 Par Value shares authorized, shares issued shares outstanding Total Paidan Capital Retained Earnings Treasury Stock Common shares at cost 950,000 Total Stockholders' Equity Choose from any list or enter any number in the input fields and then click Check
