Question
During 2025, Metlock took part in the following transactions corkerning stockholders' equity- Paid the anmual 0024$10 per share divilend on preferred stock and a $2
During 2025, Metlock took part in the following transactions corkerning stockholders' equity-\ Paid the anmual
0024$10
per share divilend on preferred stock and a
$2
per share dimiderid on common stock. These dividends had beer declared on December
31,2024
.\ Aurchased 1700 shares of its own outstanding cominan stock for
$4
? per shares. Metlock uses the cost method.\ Hetsued BOO treasuryshises for land valued at
$34,600
.\ Issied 460 shares of preferred stockat
$105
per share.\ Dedared a 10% stock dividend on the cutstanding comman stade when the stock is seiting for
$45
per share,\ 6 Issued the stoxk dividend.\ Declked the annual
2025$10
per share dividend on preferred stockand the
$2
per share dividend on common stock. These dividends are payable in 2026 .
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