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? At the end of the price swar ainuat reporting perlod, Mes industries' batance aheet showed the following: During the current year, the foliowing selected
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At the end of the price swar ainuat reporting perlod, Mes industries' batance aheet showed the following: During the current year, the foliowing selected transactions (summarized) were completed: a. Sold and issued 1,300 shares of common stock at $30 cash per share (at year-end). b. Determined net income, $46.700. c. Declared and paid a cash dividend of $1 per share on the beginning shares outstanding. Required: Prepare a statement of stockholders' equity for the year ended December 31, current year Step by Step Solution
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