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During 2022, the following transactions and events occurred. 1. Issued 59,800 shares of $3 par value common stock as a result of 10% stock dividend
During 2022, the following transactions and events occurred. 1. Issued 59,800 shares of $3 par value common stock as a result of 10% stock dividend declared on December 15,2021 . 2. Issued 28,000 shares of common stock for cash at $5 per share. 3. Purchased 23,500 shares of common stock for the treasury at $6 per share. 4. Declared and paid a cash dividend of $106,000. 5. Sold 7,700 shares of treasury stock for cash at $6 per share. 6. Earned net income of $309,000. Prepare a stockholders' equity statement for the year. (If an amount reduces the account balance then enter with negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Tamarisk, Inc. Stockholders' Equity Stateme. Balances, Jan. 1 ssued 59,800 share for stock dividend ssued 28,000 shares for cash Purchased 23,500 shares of treasury stock Declared cash dividend Sold 7,700 shares of treasury stock Net income for year Balances, Dec. 31
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