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Chapter 10 Homework 6 DOPT E H Vo Exercise 10-15 (Algo) Prepare a statement of stockholders' equity (LO10-7) Power Drive Corporation designs and produces

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Chapter 10 Homework 6 DOPT E H Vo Exercise 10-15 (Algo) Prepare a statement of stockholders' equity (LO10-7) Power Drive Corporation designs and produces a line of golf equipment and got apparel Power Dove has 100,000 shares of common stock outstanding es of the beginning of 2004 Power Drive hes the following t effecting stockholders equity in 2024 March 1 Issues 51,000 additional shares June 1 July 1 Purchases 4,000 shares of tresury stack Declares cash dividend of $1.40 p treasury stock) October 21 sells 2,400 Power Drive Corporation has 2024 $580.000 following t $100,000. Additional Paid in Capits $4,300.000 Required stock for $5 per here $53 e shen equity accounts on January 1, 2024 Commo Earings, $1800.000 Net income for the year ended December Pepere the statement of mockholders' equity for Power Dove Corporation for the year ended December 31, 2024 (Amounts to be deducted should be indicated by a minus sign POWER DRIVE CORPORATION cy 31.2024 Com Carings Betance day 1 1 100.000 4300 0000000 ery Stock Siones Louny 6200 000 Puhase beauty o Declare dividend Payment of can d Retary stack Net income Banos Dicende 31 ACG Check my work

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