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At the end of the year, the records of NCIS Corporation provided the following selected and incomplete data Common stock (par $10), no changes in

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At the end of the year, the records of NCIS Corporation provided the following selected and incomplete data Common stock (par $10), no changes in account during the year Shares authorized, 210,000 Shares issued: (all shares were issued at $15 per share. Total cash collected: $2,130,000. Treasury stock: 4,000 shares (repurchased at $22 per share). The treasury stock was acquired after a stock split was announced. Net income, $262,200 Dividends declared and paid: $140,760 Retained earnings beginning balance: $565,000

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