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Current Attempt in Progress On January 1, 2020, Pina Colada Corp. had 70.000 shares of $1 par value common stock issued and outstanding During the

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Current Attempt in Progress On January 1, 2020, Pina Colada Corp. had 70.000 shares of $1 par value common stock issued and outstanding During the year, the following transactions occurred Mar. 1 June 1 June 30 Issoud 95,000 shares of common stock for 5679,000. Declared a cash dividend of $2.00 per share to stockholders of record on June 15, Paid the $2.00 cash dividend. Purchased 5,000 shares of common stock for the treasury for $18 per share. Declared a cash dividend on outstanding shares of $2.50 per share to stockholders of record on December 31 Dec 1 Dec. 15 Net income for 2020 amounted to $929,000. Date Account Titles and Explanation Debit Credit >

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