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i need help with this asap please Required informetion [The following information applies to the questions displayed below] Golf Apparel has two classes of stock

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Required informetion [The following information applies to the questions displayed below] Golf Apparel has two classes of stock authorized: 4%,$10 par preferted, and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations: 2anvary 2 Issue 120 ,090 shares of coman stock fon $62 per share. Februacy 14 Issue $2, 000 shaces of preferred stock for $13 per share. May B Purcbase 12,000 shares of its oun coneon stock for $52 per share. Hay 31 Hesel1 6 , 000 shares of treasury stosk, for $57 per share. December 1 Declare a eash dividend on 1ts comon stock of 50.60 per share ond a $20,500 ( 4$ of par yalue) cash dividend on its prefecred stock payable to all stockholders of recosd on Decenber 15. The dividend 15 poyable on Decenber 10 . (Hinti Dividends are not poid on treasury stock.) Decesber 30 Pay the cash dividends detlored on pecenter 1 . Required information \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ GOLF APPAREL } \\ \hline \multicolumn{3}{|c|}{ Balance Sheet } \\ \hline \multicolumn{3}{|c|}{ (Stockholders' Equity Section) } \\ \hline \multicolumn{3}{|c|}{ December 31,2024} \\ \hline \multicolumn{3}{|c|}{ Stockholders' Equity: } \\ \hline Preferred Stock & Q & 580,000 \\ \hline Common Stock & 0 & 120,000 \\ \hline \multirow[t]{2}{*}{ Additional Paid-in Capital } & & 8,244,000 \\ \hline & & 8,944,000 \\ \hline Total Paid-in Capital & & 17,888,000 \\ \hline \multirow[t]{2}{*}{ Retained Earnings } & 2 & 424,900 \\ \hline & & 9,368,900 \\ \hline Treasury Stock & 0 & 348.000 \\ \hline Total Stockholders' Equity & & $28,029,800 \\ \hline \end{tabular}

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