Both pictures belong to problem 13-63 being one question in the text book Intermediate Accounting 19th edition.

Problem -63 Accounting for Stockholders' Equity LO3 LO7 L08 LO9 L011 A condensed balance sheet for Sharp Tax Inc. as of December 31, 2012, follows. Capital stock authorized consists of 750 shares of 8%, $100 par, cumulative preferred stock and 15,000 shares of $50 par common stock. Information relating to operations of the succeeding three years follows the condensed balance sheet. Sharp Tax Inc. Condensed Balance Sheet December 31, 2012 Assets Liabilities and Stockholders' Equity Assets $525,000 Liabilities $120,000 8% preferred stock, $100 par 75,000 Common stock, $50 par.................. 150.000 Paid-in capital in excess of par-common 30,000 Retained earnings 150,000 Total assets $525,000 Total liabilities and stockholders' equity $525,000 2013 2014 2015 Dividends declared on December 20,payable on January 10 of the following year: 896 cash 8% cash Preferred stock 896 cash