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Exercise 4 Alpha Corporation reports the following Information at the end of 2018: 415,000 28,550 850,000 | 64,800 18,000 6,800 5,600 35,000 1,700,000 300,000 900,000

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Exercise 4 Alpha Corporation reports the following Information at the end of 2018: 415,000 28,550 850,000 | 64,800 18,000 6,800 5,600 35,000 1,700,000 300,000 900,000 200,000 6,000 150,000 6,800 1,223,000 1,524,000 120,000 18,500 Accumulated depreciation Cash and bank accounts Common stock Dividends distributed in 2018 Income tax payable Interest expenses Net income 2018 Number of common shares issued Number of preferred shares issued Paid in capital in excess of par-common Paid in capital in excess of par- preferred Preferred dividends in arrears Preferred stock, 5% Prepaid rent Retained earnings (beginning balance, credit) Sales revenue Treasury shares (common stock, unit price 10) Unearned revenue Choosing only the appropriate data among those listed above, determine the following amounts, clearly showing the calculations performed: a) Total contributed (paid-in) capital b) Retained earnings c) Shareholders' equity d) Par value per share of common stock e) Par value per share of preferred stock f) Number of common and preferred shares outstanding g) Book value per share of common stock h) Book value per share of preferred stock Journalize the following transactions in 2019: Distribution of a 2% stock dividend to the common shareholders (market value per share 12) 1, 2. Distribution of a cash dividend of 41,000, attributing the maximum amount possible to common shareholders after satisfying the claims of the preferred shareholders. 3. Declared an additional common shareholders' dividend of 10,000, settled by assigning the shareholders finished goods carried in the balance sheet at 7,850 4. Issuance of 250,000 shares of common stock at 11.50. 5, Sale of 50% of the treasury shares for 13 each. 6. Purchase of 25,000 treasury shares at 11. Report the shareholders' equity and calculate the book value per share of common stock and preferred stock after the above mentioned transactions

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