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Eugene Inc.'s statement of stockholders' equity on December 31, 2016 is as follows 5% cumulative preferred stock, $75 par, 10,000 shares authorized; 6,000 shares issued
Eugene Inc.'s statement of stockholders' equity on December 31, 2016 is as follows 5% cumulative preferred stock, $75 par, 10,000 shares authorized; 6,000 shares issued and outstanding $450,000 Common stock, $1 par, 500,000 share authorized; 385,000 shares issued and outstanding Paid-in capital in excess of par - Preferred stock Paid-in capital in excess of par Common stock Retained earnings Total stockholders' equity 385,000 25,000 2,045,000 220,000 $3,125,000 The following transactions occurred during 2017 Feb 3 Apr 25 Jun 15 Oct 24 Issued 2,500 shares of preferred stock for $75 per share Issued 50,000 shares of common stock for $15 per share Repurchased 15,000 shares of common stock at $10.50 per share Sold 7,500 shares of treasury stock bought on June 15 for $24 per share Use the financial statement effects template, below, to record these transactions Income Statement Balance Sheet Noncash - Assets Earned Rev- _ Expen ses Net TransactionssetAssets + Contrib. Earned tles Capital Capital enues Income Feb 3 Apr 25 June 15 Oct 24
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