Cullumber Shop Ltd. is a mid-sirad public company that had besn in operation for manyyears. On Decamber 31,2023 , it had an unlimited number of common shares authorizad and 5.9 million shares issuad at an averagevalue of $28 per share. As wall, thare ware 5.7 million prefarrad shares authorized, with 295,000 of them issuad at $15 per share. The balanca in ratained earnings was $26,670,000. The bal ance in aceumulated othar comprahensive income was $537,000. The praferrad shares pay an annual dividend of $2 per share. During 2024 , the following transactions affected shareholders' squity. 1. In total, 250,000 new common shares ware issusd at $33 per share 2. The preferred dividend far the year was daclared and paid. 3. A 105 common stock dividend was declared when the markat price was $33 per shara. The shares ware distributed one month after the declaration. 4. In early December 2024 , a dividend of $1.50 per share was declared on the common shares. The date of record was December 15,2024 . The dividend was to be paid the following year. 5. The company aarnad nat incoma of $14,970,000 and had an othar comprahansiva lass of $160,000. 6. On December 31, 2024, the company declarad a two-for-one stock split on common shares. (a) Use a spraadshaet or table format to trackall of the changes in the sharahaldars' aquity accounts in 2024 . (lf on amount reduces the account balance then enter with negative sign, eg. - 15,000 or in parenthesis, eg. (15,,000,u) Cullumber Shop Ltd. is a mid-sizad public company that had been in operation for manyyears. On Decamber 31, 2023, it had an ware 5.7 million preferred shares authorized, with 285,000 of them issuad at $15 per share. The balance in ratainad earnings was $26,670,000. The balance in accumulated other comprahensive income was $537,000. The preferred shares pay an annual dividend of $2 per share. During 2024 , the following transactions affected shareholders' equity. 1. In total, 250,000 new common shares ware issued at $33 per share 2. The preferred dividend far the year was declared and paid. 3. A 10 common stock dividend was declarad when the markat price was $33 per share. The shares ware distributed one month after the declaration. 4. In early December 2024 , a dividend of $1.50 per shars was declared on the common shares. The date of record was December 15,2024 . The dividend was to be paid the following year. 5. The company earned nat income of $14,970,000 and had an other comprahensive lass of $160,000. 6. On December 31, 2024, the company declarad a two-for-one stock split an common shares. (a) Use a spradshast or table farmat to trackall of the changes in the sharahalders' equity accounts in 2024 . (If an amount reduces the account balance then enter with negative sign, e.s. 15,000 or in parenthesis, eg. (15,000,4) Cullumber Shop Ltd. is a mid-sizad public company that had besn in operation for manyyears. On Decamber 31, 2023, it had an unlimited number of common sharas authorizad and 5.9 million sharss issuad at an average value of $28 per share. As wall, thare ware 5.7 million preferred shares authorizad, with 295,000 of them issuad at $15 per share. The bal ance in ratainad earnings was $26,670,000. The balance in accumulated other comprahensive incoma was $537,000. The preferred shares pay an annual dividend of $2 par share. During 2024 , the fallowing transactions affected sharaholders' aquity: 1. In total, 250,000 new common shares ware issusd at $33 per share 2. The preferred dividend for the year was declared and paid. 3. A 105 common stock dividend was declarad when the markat price was $33 per share. The shares ware distributad one manth after the declaration. 4. In early December 2024, dividend of $1.50 per share was declared on the common shares. The date of record was December 15, 2024. The dividend was to be paid the following year. 5. The company eamad nat income of $14,970,000 and had an other comprahensive lass of $160,000. 6. On December 31, 2024, the company declared a two-for-one stock split on common shares. (a) Use a spraddshast or table format to trackall of the changss in the sharahalders' equity accounts in 2024 . (if an amount reduces the account balance then enter with negative sign, eg. 15,000 or in parenthesis, eg. ( 15,0001 )
