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e Assignment Gradebook ORION Downloadable e Textbook ent Problem 11-02A (Part Level Submission) The stockholders' equity accounts of Whispering Winds Corp. on January 1, 2022,

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e Assignment Gradebook ORION Downloadable e Textbook ent Problem 11-02A (Part Level Submission) The stockholders' equity accounts of Whispering Winds Corp. on January 1, 2022, were as follows. Preferred Stock (7%, $100 par noncumulative, 6,000 shares authorized) $360,000 Common Stock ($4 stated value, 360,000 shares authorized) 1,200,000 Paid-in Capital in Excess of Par Value --Preferred Stock 18,000 Paid-in Capital in Excess of Stated Value-Common Stock 576,000 Retained Earnings 825,600 Treasury Stock (6,000 common shares) 48,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 6,000 shares of common stock for $ 36,000. Mar. 20 Purchased 1,200 additional shares of common treasury stock at $7 per share. Oct. Declared a 7% cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1. Dec. Declared a $0.50 per share cash dividend to common stockholders of record on December 15, payable December 31 Dec. 31 Determined that net income for the year was $335,000. Paid the dividend declared on December 1. 1 1 CALCULATOR Partial Balance Sheet ASSIGNMENT RESOURCES CHAPTER 11- HOMEWORK ASSIGNMENT Exercise 1101 Exercise 11:04 Exercise 11-09 Entre 10 Problem 11 IAP Level Suomi Problem 11-02A avelmenin Review Score Review Results by Study Obiective LA BP2000:22. D. of

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