Ch 14 Corporations: Retained Earnings and the Inco The shareholders' equity of Inspiration Management Corp as of January 1, 2000, follows (Click the icon to view the shareholders' equity at the end of 2020 Inspiration Management Corp. completed the following transactions during 2020 HW Score: 95.73%, 112 of 117 points Question 17, Exercise 14-17 (similar to) Save Data table Click on the loon to view the transactions.) Required Sharsholders City Cortuted opt has $4.00 nov 17,000 shares authored, 4.100 shares and Prepare the shareholders' equity section of the balance sheet of Inspiration Management Corp as of December 31, 200 $ 24000 and standing 2.000 2.781.000 34700 Prepare the shareholders' equity section for the balance sheet for inspiration Management Corp as of December 31,2 Coninbuted capl Shareholders' Equity Preferred shares, $4.00 noncumulave 17,000 shares authored 100 shassis and outstanding Common shares, united shares authonzed Tolal cornbited captal Retained eamings Total shareholders equity Print Done 20 $0.18 per share cash dividend on the common sh end at was dedared on February The res arked a 2-4 stock soll on the cone sha $79.000 Print Done Clear all Check answer The shareholders' equity of Inspiration Management Corp as of January 1, 2020, follows (Click the leon to view the shareholders' equity at the end of 2020.) Inspiration Management Corp completed the following transactions during 2020 (Click on the loon to view the transactions) Required Prepare the shareholders' equity section of the bance sheet of Inspiration Management Cop, as of December 31, 2020 Prepare the shareholders' equity section for the balance sheet for inspiration Management Corp as of December 31, 2020 Contributed capital Shareholders' Equity Preferred shares. $400 noncumuwive 17.000 shares authorized, 4,100 shares issued and outstanding Common shares, united shares authorized Total contributed capital Total shareholders my shares med and sanding Data table Shareholders' Equity Preferred shares, $4.00, late 17.000 shares authored 4,100 shares issued and d Common shares, united shares autoriced, 100,000 shares wd and outlining Total contributed capta Retained warmings Tal shareholders eq More info Print Done Help me solve this Calculator Fel Declared the required annual cash dividend on preferred shares and a 30 18 per shone cash didand on the common share 26 Paid the cash dividend that was declared on February Jun Purchased 8,000 of its own common shares for $15.75 per share Jul The 5 Distributed a 2-6 1 stock split on the common shares loss for the year was $79,000 Print Done 246,000 2535,000 2,781.000 26.000 3407.500 Check