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During 2024, Dolar Incorporated had several transactions relating to common stock. January is, Deelared a property dividend of 100,000 shares of Burak Company (book value

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During 2024, Dolar Incorporated had several transactions relating to common stock. January is, Deelared a property dividend of 100,000 shares of Burak Company (book value $10.4 per share, fair value $9.20 per share). February 17, pintributed the property dividend. April 10: A 2-for-1 stock split was deolared and distributed on outstanding common stock and effected in tbe form of a stoek dividend. (Dolar chose to reduce paid-in capital-excess of par.) The falr value of the stook was $4 on this date. July 18i Declared and distributed a 4s atock dividend on outatanding common stock. The fair value in $5 per December 11 Declared a 50 cents por whare cash dividend on the outstanding common shares. December 20t Paid the cash dividend. Required: Without preparing journal entries, prepare the shareholders' equity section of Dolar's balance sheet as of December 31,2024 . Assume net income is $540,000 for 2024. Note: Negative amounts should be entered with a minus sign. if text indicates no response was expected in a cell or a formula-based calculation is incorrect, no ints deducted

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