Feb 13 ssued 5,800 shares of common stock for $5 per share.

Jun 7 Declared the regular cash dividend on the preferred stock.

Jun 24 Paid the cash dividend.

Aug 9 Declared and distributed a 20% stock dividend on the common stock. Market price of the common stock was $6 per share.

Oct 26 Reacquired 1,200 shares of common stock as treasury stock, paying $11 per share.

Nov 20 Sold 400 shares of the treasury stock for $12 per share.

Dec 31 Declared a cash dividend of $0.30 per share on the outstanding

common stock; dividends will be paid in January, 2023.

Assets

Current assets

$33,400

Property and equipment, net

83,400

Total assets

$116,800

Liabilities and Equity

Liabilities

$37,800

Stockholders' equity:

$0.25 cumulative preferred stock, $20 par, 900 shares issued

18,000

Common stock, $2 par, 6,300 shares issued

12,600

Paid-in capital in excess of parcommon

17,400

Retained earnings

31,000

Total liabilities and equity

$116,800

Journal Entry Accounts Date Debit Credit Dec 31 4,116 Retained Earnings Dividends Payable 4,116 Requirement 2. Report the company's stockholders' equity at December 31, 2022. Net income for 2022 was $30,000. (Enter the accou Moscow Jewelry Company Balance Sheet (partial) December 31, 2022 $ par shares issued and outstanding Stockholders' Equity: $ 0.25 cumulative preferred stock, Common stock, shares outstanding Paid-in capital in excess of par-common S par shares issued Paid-in capital from treasury stock transactions Total paid-in capital Retained earnings Less: Treasury stock, common, shares at cost Total stockholders' equity