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Altuve Co. was incorporated on January 1, 2019, at which time 575,000 shares of $10 par value common stock were authorized, and 240,000 of these

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Altuve Co. was incorporated on January 1, 2019, at which time 575,000 shares of $10 par value common stock were authorized, and 240,000 of these shares were issued for $20 per share. Net income for the year ended December 31, 2019, was $2,743,200. Altuve Co.'s board of directors declared dividends of $2 per share of common stock on December 31, 2019, payable on February 7, 2020. Altuve Co. was incorporated on January 1, 2019, at which time 575,000 shares of $10 par value common stock were authorized, a 240,000 of these shares were issued for $20 per share. Net income for the year ended December 31, 2019, was $2,743,200. Altu Co.'s board of directors declared dividends of $2 per share of common stock on December 31, 2019, payable on February 7, 2020 Required: Altuve Co. was incorporated on January 1, 2019, at which time 575,000 shares of $10 par value common stock were authorized, and 240,000 of these shares were issued for $20 per share. Net income for the year ended December 31, 2019, was $2,743,200. Altuve Co.'s board of directors declared dividends of $2 per share of common stock on December 31, 2019, payable on February 7, 2020. Altuve Co. was incorporated on January 1, 2019, at which time 575,000 shares of $10 par value common stock were authorized, a 240,000 of these shares were issued for $20 per share. Net income for the year ended December 31, 2019, was $2,743,200. Altu Co.'s board of directors declared dividends of $2 per share of common stock on December 31, 2019, payable on February 7, 2020 Required

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