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Statement of stockholders equity

Noric Cruises Inc. began the month of October with the following balances: Common Stock, $150,000; Additional Paid-In Capital, $3,225,000; and Retained Earnings, $12,400,000. During June, Noric issued for cash 50,000 shares of common stock (with a stated value of $1) at $16 per share. Noric reported the following results for the month ended October 31:

Net income$2,350,000Cash dividends declared475,000

Prepare a statement of stockholders equity for the month ended October 31. If there is a net loss or there has been a decrease in stockholders' equity, enter that amount as a negative number using a minus sign. If an amount box does not require an entry, leave it blank.

blank Common StockAdditional Paid-In Capital Retained Earnings TotalBalances, October 1Balances, October 31CashNet IncomeBalances, October 1$Balances, October 1$Balances, October 1$Balances, October 1$Balances, October 1Balances, October 1Balances, October 31CashIssued Common StockIssued Common StockIssued Common StockIssued Common StockIssued Common StockIssued Common StockBalances, October 1Balances, October 31CashNet IncomeNet IncomeNet IncomeNet IncomeNet IncomeNet IncomeBalances, October 1Balances, October 31CashDividendsDividendsDividendsDividendsDividendsDividendsBalances, October 1Balances, October 31DividendsNet IncomeBalances, October 31$Balances, October 31$Balances, October 31$Balances, October 31$Balances, October 31

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