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how do you find net income from the statement of stockholders equity? Stock Holders Equity as of Jan 1st Amount Stock Holders Equity as of

how do you find net income from the statement of stockholders equity?

Stock Holders Equity as of Jan 1st Amount Stock Holders Equity as of Dec 1st Amount
Common Stock - $5 par value, 100,000 shares authorized, 40,000 issues & outstanding 200,000 Common Stock - $5 par value, 100,000 shares authorized, 47,000 issues & 3000 shares treasury stock 235000
Paid in capital excess of par value common stock 120,000 Paid in capital excess of par value common stock 179,200
Retained Earning 320,000 Retained Earning 400,000
Total Stockholders Equity 600,000 Less cost of treasury stock -60,000
Total Stockholders Equity 754200
1/5/2021 Declared 0.60 per share cash dividend. Date of record 1/10/2021
3/20/2021 Purchased treasury stock for cash ** What is Net Income for the year?
4/5/2021 declared 0.60 per share cash dividend. Date of record 4/10/2021
7/5/2021 Declared 0.60 per share cas dividend. Date of record 7/10/2021
7/31/2021 Declared a 20% stock dividend when the market value was $12 per share
8/14/2021 Issued the stock dividend that was declared 7/31
10/5/2021 Declared 0.60 per share cash dividend. Date of record 10/10

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