Ch 9 & 11 HW combinedi 6 P11-10 (Algo) Preparing the Stockholders' Equity Section of the Balance Sheet and Evaluating Dividend Policy LO-11-1,11-3.11-4.11-5, 11-7 8135 The following information was extracted from the records of Cascade Company at the end were completed fiscal year after all adjusting erases Common stock (10.1 par value: 230,000 shares authorized, 58,000 shares i 56,000 shares outstanding) Additional paid-in capital Dividends declared and paid during the year Retained earnings at the end of the year Treasury stock at cost (2,000 shares) 580 Net income for the year was $99,000. The stock price is curenty $20 per share Required 1. Prepare the stockholders' equity section of the balance sheet at the end of the fiscal year 2. Compute the dividend yield ratio. Determine the number of shares of stock that received dividends Complete this question by entering your answers in the tabs below. Compute the dividend yield ratio. Determine the number of shares of stock that received dividends. (Round Dividend yield ratio to 2 decimal places.) Dividend yield Number of sha 56,000 Prev S