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Chaco Company provided the following pertaining to its accounting year that ended December 31, 2022: Transaction Amount Sold common stock, par value $8,500 $ 28,500
Chaco Company provided the following pertaining to its accounting year that ended December 31, 2022: Transaction Amount Sold common stock, par value $8,500 $ 28,500 Declared cash dividends 17,000 Paid cash dividends 11,000 Net income 42,000 5% stock dividend distributed, $3,200 par value 15,000 Sold treasury stock, cost $5,200 4,200 What is the amount of increase in Chaco's common stock account during the year 2022
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