Question
Henry corp. organized on January 1, 2010. Henry Corp. has authorization for 50,000 shares of 4%, $50 preferred stock and 1,000,000 shares of $25 per
Henry corp. organized on January 1, 2010. Henry Corp. has authorization for 50,000 shares of 4%, $50 preferred stock and 1,000,000 shares of $25 per value common stock. As of December 31, 2012 it has 7,500 outstanding shares of preferred stock receiving a total of $3,975,000. Henry corp. also has 350,000 shares of common stock outstanding receiving a total of $21,875,000
Retained earnings beginning balance on December 31, 2012 was $1,350,000.
During 2013 the following transactions occurred
On January 15, 2013 Henry corp. sold 3,100 shares of preferred stock receiving a total of $205,000.
On April 15, 2013 Henry corp. sold 40,000 shares of common stock receiving a total of $4,000,000.
On October 27, 2013 Henry corp. sold 6,900 of preferred stock receiving a total of $1,035,000.
On September 26, 2013 Henry corp. sold 10,000 of common stock receiving a total of $1,500,000.
Net income for 2013 was $1,500,000
Preferred stock dividends paid on December 31, 2013.
A common stock dividend of $2.25 was paid on December 31, 2013.
The Common Stock during the year is?
The Additional Paid-in Capital for Common Stock during the year is?
The Common Stock dividends paid during the year is?
The Ending Balance of Total Stockholders' Equity is?
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