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Equity Section with Selected Other Information The equity section of Glory Company's balance sheet was as follows as of December 31,2022 , and December 31,2021
Equity Section with Selected "Other Information" The equity section of Glory Company's balance sheet was as follows as of December 31,2022 , and December 31,2021 : Based on the equity section for Glory Company, answer the following questions: When required round your answers to one decimal place. 1. Do you believe Glory Company made a profit during the year 2022 ? Assuming that only net income and dividends changed the Retained Earnings balance from 2021 to 2022 , by how much did net income exceed dividends? million 2. What was the total amount of money raised during 2022 from the selling of stock? (Assume that only the selling of stock affected the contributed capital accounts.)
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