Change in Stockholders' Equity Net Income Average stockholders' equity Dividend per common share Earnings per share Market price per common share, year-end Previous Year Current Year $52,500 $72,000 1,500,000 2,250,000 Dividends Total Change in Stockholders' Equity 2.85 4.28 28.50 Nikron Corporation issued 30,000 shares of $0.75 par value common stock during the year for $30 each. Nikron also repurchased treasury stock for $22,500. Net income for also paid cash dividends of $37,500. What was the total change in Nikron's stockholders' equity for the year? Common stock 0 x 0 x Paid-in capital in excess of par value Treasury Stock 0 x Net Income 0 x 0 x 0 $ + $ 3.00 4.80 31.50 I

Change in Stockholders' Equity Nikron Corporation issued 30,000 shares of $0.75 par value common stock during the year for $30 each. Nikron also repurchased treasury stock for $22,500. Net income fo also paid cash dividends of $37,500. What was the total change in Nikrons stockholders' equity for the year