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At December 31, 2017, Mainzer Corp. reported the following stockholders' equity: BE: (Click on the icon to view the stockholders' equity.) During 2018, Mainzer Corp.
At December 31, 2017, Mainzer Corp. reported the following stockholders' equity: BE: (Click on the icon to view the stockholders' equity.) During 2018, Mainzer Corp. completed these transactions and events in this order: (Click on the icon to view the transactions and events.) Requirement 1. Prepare Mainzer's statement of stockholders' equity for the year ended December 31, 2018 Begin by selecting the descriptions, then complete each column of the statement. (Enter the labels in chronological order. Use parentheses or a minus sign when subtracting numbers. Leave unused cells blank. Do not enter a "0" for any zero balances.) Mainzer Corp. Statement of Stockholders' Equity Year Ended December 31, 2018 A Data Table * More Info Paid-in capital: Common stock, $4 par, 800,000 shares authorized, 110,000 shares issued Additional paid-in capital-common Total paid-in capital $ 440,000 150,000 a. Sold 1,400 shares of treasury stock for $46 per share; the cost of these shares was $34 per share b. Issued 900 shares of common stock at $17 per share c. Net income for the year was $125.000 d. Declared and paid cash dividends of $40,000 590,000 650,000 Retained earnings Subtotal $ 1,240,000 (91,800) 1,148,200 Print Done Less: Treasury stock, 2,700 shares at cost Total stockholders' equity Choose from any drop-down list and then click Check Answer. $ 5 parts remaining Check Answer Print Done
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