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Current Attempt in Progress The stockholders' equity accounts of Ivanhoe Corporation on January 1, 2027, were as follows. Preferred Stock (7%, $100 par noncumulative, 4,400

Current Attempt in Progress The stockholders' equity accounts of Ivanhoe Corporation on January 1, 2027, were as follows. Preferred Stock (7%, $100 par noncumulative, 4,400 shares authorized) $264,000 Common Stock ($4 stated value, 294,000 shares authorized) 940,800 Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (4,400 common shares) 13,200 470,400 699,500 35,200
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Prepare the stockholders' equity section of the balance sheet at December 31,2027 . Include 2027 net income of $225,800 as an increase to the January 1, 2027, Retained Earnings. Current Attempt in Progress The stockholders' equity accounts of Ivanhoe Corporation on January 1, 2027, were as follows. Total Capital Stock Additional Paid in Capital Paid-in Capital in Eucess of Par Value Preferred Stock Paid in Capital in Excess of Stated Value Common Stock Total Pad-in Capital Total Additional Paid-in Copital Retained Earnings Total Paid-in Capital and Retained Earnings Less : Treasury Stock Total Liabilities and Stockholders Equity $ During 2027, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 4,400 shares of common stock for $30,800. Mar. 20 Purchased 1,400 additional shares of common treasury stock at $8 per share. Oct. 1 Declared a 7% cash dividend on preferred stock, payable November 1. Nov, 1 Paid the dividend declared on October 1. Dec. 1 Declared a $0,70 per share cash dividend to common stockholders of record on December 15, payable December 31 , 2027. Dec. 31 Paid the dividend declared on December 1

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