DeZurik Corp. had the following stockholders' equity section in its June 30, 2020, balance sheet (in thousands, except share and per share amounts): Paid-in capital: $6.30 Preferred stock, $ ? par value, cumulative, 200,000 shares authorized, 90,000 shares issued and outstanding Common stock, $5 par value, 4,000,000 shares authorized, 3,460,000 shares issued, 3,000,000 shares outstanding Additional paid-in capital on common stock Retained earnings Less: Treasury common stock, at cost, ? shares Total stockholders' equity June 30 (in thousands) 2020 2019 $ 5,040 30,448 $ 71,208 $ 63,663 The transactions affecting the stockholders' equity accounts of DeZurik Corp. for the year ended June 30, 2020, are summarized here: 1. 360,000 shares of common stock were issued at $14.90 per share. 2. 100,000 shares of treasury (common) stock were sold for $19.8 per share. 3. Net income for the year was $1,460 (in thousands). 4. The fiscal 2020 preferred dividends were paid in full. Assume that all 90,000 shares were outstanding throughout the year ended June 30, 2020. 5. A cash dividend of $0.20 per share was declared and paid to common stockholders. Assume that transactions (1) and (2) occurred before the dividend was declared. 6. The preferred stock was split 2 for 1 on June 30, 2020. (Note: This transaction had no effect on transaction 4.) Required: < Prev 1 of 1 Next > a-1. Record the effect of transactions 1-6 in journal entry format. a-2. Calculate the dollar amounts that DeZurik Corp. would report for each stockholders' equity caption on its June 30, 2020, balance sheet, after recording the effects of transactions 1-6. Also the treasury stock was purchased at $19.8. b. Indicate how the stockholders' equity caption details for DeZurik Corp. would change for the June 30, 2020, balance sheet, as compared to the disclosures for the 2019 balance sheet. c. What was the average issue price of common stock shown on the June 30, 2020, balance sheet? Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B Required C Record the effect of transactions 1-6 in journal entry format. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field. Enter your answers in dollars.) View transaction list Journal entry worksheet > 1 2 3 4 5 6 Record the 360,000 shares of common stock were issued at $14.90 per share. > < Prev 1 of 1 Next > Required A1 Required A2 Required B Required C Record the effect of transactions 1-6 in journal entry format. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field. Enter your answers in dollars.) View transaction list Journal entry worksheet 1 2 3 456 Record the 100,000 shares of treasury (common) stock were sold for $19.8 per share. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit > < Prev 1 of 1 Next > Required A1 Required A2 Required B Required C Record the effect of transactions 1-6 in journal entry format. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field. Enter your answers in dollars.) View transaction list Journal entry worksheet 1 2 3 4 56 Record the net income for the year was $1,460 (in thousands). Note: Enter debits before credits. Transaction 3 General Journal Debit Credit > < Prev 1 of 1 Next > Required A1 Required A2 Required B Required C Record the effect of transactions 1-6 in journal entry format. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field. Enter your answers in dollars.) View transaction list Journal entry worksheet < 1 2 3 4 56 Record the fiscal 2020 preferred dividends were paid in full. Assume that all 90,000 shares were outstanding throughout the year ended June 30, 2020. Note: Enter debits before credits. Transaction 4 General Journal Debit Credit > < Prev 1 of 1 Next > Required A1 Required A2 Required B Required C Record the effect of transactions 1-6 in journal entry format. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field. Enter your answers in dollars.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 Record the cash dividend of $0.20 per share was declared and paid to common stockholders. Assume that transactions (1) and (2) occurred before the dividend was declared. Note: Enter debits before credits. Transaction 5 General Journal Debit Credit > < Prev 1 of 1 Next > Required A1 Required A2 Required B Required C Record the effect of transactions 1-6 in journal entry format. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field. Enter your answers in dollars.) View transaction list Journal entry worksheet 1 2 3 45 6 Record the preferred stock was split 2 for 1 on June 30, 2020. Note: Enter debits before credits. Transaction 6 General Journal Debit Credit > < Prev 1 of 1 Next > Required A1 Required A2 Required B Required C Calculate the dollar amounts that DeZurik Corp. would report for each stockholders' equity caption on its June 30, 2020, balance sheet, after recording the effects of transactions 1-6. Also the treasury stock was purchased at $19.8. (Enter your answer in thousands of dollars. Amounts to be deducted should be indicated with a minus sign.) Dollar amounts reported on the June 30, 2020 Preferred stock Common stock Balance sheet Additional paid-in capital on common stock Retained earnings Treasury stock Total stockholders' equity $ 0 < Required A1 Required B > < Prev 1 of 1 Next > C. Wildl WDS the average issue price of Common SLOCK SHOWn on the June 30, 2020, Dalance Sheet? Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B Required C Indicate how the stockholders' equity caption details for DeZurik Corp. would change for the June 30, 2020, balance sheet, as compared to the disclosures for the 2019 balance sheet. (Round the preferred stock values in dollars, rounded to 2 decimal places. (e.g., 32.16). Do not enter answer in thousands.) Preferred stock par value, cumulative, shares issued and outstanding. Common stock $5 par value 4,000,000 shares authorized shares outstanding. Treasury common stock, at cost, shares. < Required A2 Required C > shares authorized, shares issued < Prev 1 of 1 Next > Required: a-1. Record the effect of transactions 1-6 in journal entry format. a-2. Calculate the dollar amounts that DeZurik Corp. would report for each stockholders' equity caption on its June 30, 2020, balance sheet, after recording the effects of transactions 1-6. Also the treasury stock was purchased at $19.8. b. Indicate how the stockholders' equity caption details for DeZurik Corp. would change for the June 30, 2020, balance sheet, as compared to the disclosures for the 2019 balance sheet. c. What was the average issue price of common stock shown on the June 30, 2020, balance sheet? Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B Required C What was the average issue price of common stock shown on the June 30, 2020, balance sheet? (Round your answer to 2 decimal places. (e.g., 32.16)) Average issue price per share < Required B Required C > < Prev 1 of 1 Next >