| The following account balances relate to the stockholders equity accounts of Kerbs Corp. at year-end. 2017 | 2016 | Common stock, 10,500 and 10,000 shares, | respectively, for 2017 and 2016 | $161,100 | $142,000 | Preferred stock, 5,000 shares | 136,800 | 136,800 | Retained earnings | 300,100 | 253,000 | A small stock dividend was declared and issued in 2017. The market value of the shares was $10,600. Cash dividends were $16,500in both 2017 and 2016. The common stock has no par or stated value. Warning Don't show me this message again for the assignment | Ok Cancel | |