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How do you calculate the ending balance of treasury stock in 2019 and capital stock? 12/31/2018 12/31/2019 Assets $295,000 $318,000 Liabilities $100,000 $110,000 Capital Stock

How do you calculate the ending balance of treasury stock in 2019 and capital stock?

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12/31/2018 12/31/2019 Assets $295,000 $318,000 Liabilities $100,000 $110,000 Capital Stock Treasury Stock $2,000 Retained Earnings $82,000 The above data is for Richard's Bait Shop. During 2019, Richard's net income was $28,000 and $3,200 in dividends were declared. No common stock shares were issued in 2019. Using the data above calculate the ending balance of Treasury Stock in 2019

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