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Gracie Co. Statement of Stockholders' Equity Year Ended 12/31/2019 During 2019, the following transactions occurred: - 10,000 shares of $1 par value common stock were
Gracie Co. Statement of Stockholders' Equity Year Ended 12/31/2019 During 2019, the following transactions occurred: - 10,000 shares of $1 par value common stock were issued at $15 per share. - The company deciared and pald cash dividends of $45,000 - Net income for 2019 was $775,000 Calculate the ending balance in the Common Stock account on 12/31/2019. $685,000$825,000$815,000$675,000
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