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Enter + Shift EN Ctrl Vyria Instructions for Project 3: Answer the following, based on the information given on the preceding page: Capital stock, as
Enter + Shift EN Ctrl Vyria Instructions for Project 3: Answer the following, based on the information given on the preceding page: Capital stock, as of December 31, 2021: # of common shares authorized en in the tor. ot # of common shares issued and outstanding # of preferred shares issued and outstanding Armount of cash dividend to common stockholders 2,000 2.000 0.000 Amount of cash dividend to preferred stockholders $ Total debit to Stock Dividers account Additional paid-in capital, at December 31, 2021 $ red Retained carnings, at January 1, 2021 $ Retained earnines, at December 31, 2021 $ when Total Stockholders' Equity, at December 31, 2021 $ Shir Project 3: Stockholders' Equity (10 points) Teatru Required Answer the questions on the following page in this boolder and turn in the entire boldet at the beginning of class on the date specified by your instructor Shown below is the stockholders equity section of Holiday Travels balance sheet at December 31, 2020 Common stock $2 por value, 5,000,000 shares outhorized 390,000 shares issued and outstanding $780.000 Additional poid-in capitol 1,060,000 Retained carvings 2.330.000 Total stockholders equity $4.170.000 A Stock During 2021, the following events occurred: Holiday Travels was authorized to sell 120,000 shares of $100 por, 8% preferred Holiday sold 18,500 shares of the preferred stock at its par value A cash dividend of $295,000 was declared and paid > Holiday Travels declared and issued a 10% stock dividend on the common stock when the market value of the stock was $16 per share > Net income for the year was $1530,000 R 1
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