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I need help on this question please Required information The foliowing information applies to the questions dispiayed beiow] Nautical has two classes of stock authonzed:
I need help on this question please Required information The foliowing information applies to the questions dispiayed beiow] Nautical has two classes of stock authonzed: 510 par preferted, and 51 par value common. As of the beginning of 2024 , 125 shares of preferred stock and 3.000 shares of common stock have been issued. The following transactions affect stockholders' equlty during 2024: rarch 1 1stue 3, 600 additional shares af contan stock for \$10 per share. Aprit 1 Issue 175 adsitional shares of preferred stock for Jae per stare. june 1 Declare a cash atividend oo both comon an Nerred stock of se. 25 per share to all stockhalders of record Sune je Pay the cath dividends deciared on June 1. Augut 1 Aurchase 275 shares of connon treasury stock for 57 pee share. october 1 ersell 125 thares of treasury stock purchased on Aughst 1 for 59 per share. Nautical has the foliowing beginning balances in its stockhoiders' equity accounts on lanuary 1, 2024. Preferred 5 tock. $1,250, Common Stock, $3.000, Additional Paid-in Capital, \$19.500, and Retained Eamings, \$11,500. Net income for the year ended December 31.2024, is $7.650 Taking into consideration the beginning balances on January 1. 2024 and all the transactions during 2024 , teepond to the following for Nautical. 2. Piepare the statement of stockholders' equity for the year ended December 31, 2024. (Amounts to be deducted should be Indiceted by a minus slgn.)
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