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Finding Missing Amounts (AP11-1) Af the end of the year, the records of Kwan Corporation provided the following selected and incontiete datar Common stock ($10
Finding Missing Amounts (AP11-1) Af the end of the year, the records of Kwan Corporation provided the following selected and incontiete datar Common stock (\$10 par value), no changes in account during the year Shares authorized: 200.000 . Shares rusucd (all shares were issued at $17 ner share, 52,125,000 total cash collected) Treasury stock. 3,000 shares (repurchased at $20 per share) The treasury stock was accuired after a stock split was announced Net income $240,340 Dividends declared and paid: $123,220 Retained carnings beginning batance $55,000
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