As of January 2, 2020, The Seeplus Company had the following items in its capital structure: o Preferred stock, 6%, $5 par value, 100,000 shares authorized, 80,000 shares issued, 60,000 shares outstanding, convertible into 42,000 shares of common stock. o Common stock, $4 stated value, 40,000 shares authorized, 25,000 shares issued, 6,000 shares in the treasury. o Retained earnings of $612,000. On August 1, 2020, Seepluss governing board declared a 15% common stock dividend, for holders of record at September 1, 2020, when the market value of the common stock was $7 per share and the market value of the preferred stock was $9 per share. When the dividend was distributed on October 1, 2020, 30% of the dividend was issued in the form of fractional-share stock rights. On December 31, 2020, Seeplus was notified by its stock transfer agent that 60% of the fractional-share stock rights had been exchanged for common stock, and the remaining fractional-share stock rights had expired. Provide all the journal entries necessary for The Seeplus Companys stock dividend.

Inge Co. had the following accounts (among others) in its general ledger at December 31, 2020: Bonds payable, 8%, due in 5 years $ 80,000 Premium on bonds payable . 8,000 Additional paid-in capital, preferred stock . 17,600 Net gain on foreign currency translation 41,000 Cash dividend payable, common stock . 9,000 Stock dividend distributable, common stock . 10,000 Sinking fund 37,000 Additional paid-in capital, common stock .. 32,400 Net actuarial loss on pension obligation 11,000 Investment in U.S. Treasury notes . 24,000 Treasury stock, common stock, at cost of $100 per share . 60,000 Preferred stock, $10 par value, 6%, 100,000 shares authorized, ? shares issued, ? shares outstanding .. 200,000 Reserve for sinking fund .. 37,000 Retained earnings, unappropriated 263,000 Common stock, $ ? stated value, ? shares issued, 24,400 shares outstanding ................................................... 100,000 Using the applicable information from the above listing, prepare a statement of shareholders equity for Inge Co., as of December 31, 2020.