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e Study 8-350 Dezunk Corp. had the following stockholders' equity section in its June 30, 2020, balance sheet in thousands, except share and per share

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e Study 8-350 Dezunk Corp. had the following stockholders' equity section in its June 30, 2020, balance sheet in thousands, except share and per share amounts ne in thousands $ 3,840 $5.90 Preferred stock, S par value, cumulative, 200,000 shares aut 80,000 shares issued and outstanding Common stock, 55 par value, 4,000,shares authorised, 3, 420, eee issued, 3.000.000 shares outstanding Additional paid-in capital on coon stock Retained earnings Less: Treasury co s tock, at cost, shares Total stockholders' equity 28,728 $ 61,554 The transactions affecting the stockholders' equity accounts of DeZurik Corp. it the year ended June 30, 2020, are summarized here! 1. 380,000 shares of common stock were issued at $15.40 per share. 2. 90,000 shares of treasury (common) stock were sold for $19.4 per share. 3. Net Income for the year was $1420 (in thousands) 4. The fiscal 2020 preferred dividends were paid in full assume that all 80.000 shares were outstanding throughout the year ended June 30, 2020. 5. A cash dividend of 50 20 per share was declared and paid to common stockholders. Assume that transactions (t) 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: 6-1. Record the effect of transactions 1-6 in joumal entry format 6-2. 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 $19.4. 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 AZ 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 $19.4. (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 Balance sheet Preferred stock Common stock Additional paid in capital on common stock Retained earnings Treasury stoc Total stockholders'equity Complete this question by entering your answers in the tabs below. Required Al Required A2 Required B Required 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 authorized shares issued and outstanding Common stock 4.000.000 shares authorized hares issued shares outstanding Treasury common stock, at cost Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B Required 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... 32.16)) verages Dershang

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