For the year ended 12/31/2019, calculate the numbers that would be reported to us in the equity section given the following information:

12/31/18

Preferred Stock $80,000

Common Stock 115,000

Additional Paid-In Capital 370,000

Retained Earnings 950,000

Treasury Stock (210,000)

AOCI 40,000

Noncontrolling Interest 20,000

Total Equity $1,365,000

1. During the year 2019, the company issued the following preferred stock at par:

Par Value $6.00

New shares issued 1,200

2. During the year 2019, the company had the following common stock transactions:

Par Value per share $2.00

# of new shares issued 5,000

Issue Price of new shares $26.00

Dividends paid this year $70,000

Stock repurchased $30,000

3. During the year 2019, the company had net income available to common shareholders (i.e. net of preferred dividends) for the year of: $425,000

4. At the beginning of the year 2019, the company owned available for sale securities worth $150,000. At the end of the year, the securities were worth: $180,000.

5. During the year 2019, the company purchased 70% of another company with assets of $800,000 and liabilities of $250,000. Consider only the impact of noncontrolling interest and ignore the impact on other accounts.

Questions:

As of December 31st, 2019, what is the balance for Preferred Stock?

As of December 31st, 2019, what is the balance for Common Stock?

As of December 31st, 2019, what is the balance for Additional Paid-in Capital?

As of December 31st, 2019, what is the balance for Retained Earnings?

As of December 31st, 2019, what is the balance for Treasury Stock? (Hint: put your answer as a negative number).

As of December 31st, 2019, what is the balance for AOCI?

As of December 31st, 2019, what is the balance for Noncontrolling interest?

As of December 31st, 2019, what is the balance for Total Equity?