Identifying and Analyzing Financial Statement Effects of Stock-Based Compensation The stockholders' equity af Aspen Corporation at December 21, 2019, folavs. $40.000 22 Prester, 5100 per mother 4.000 shares oued and outstanding Common stock, 31 para 300.000 shares authorized SINHA Faid in capital in excess of parvalue preferred stock Paid in capitalinosso para common stock 4520 36.000 360,000 Toalety $1.571,00 The folowing transactions, arrang others occurred during the following year. Employees exercises 12.000 stock options that were granted in 2015 and had a three-yearvesting period. These options had an estimated fair value of $2 at the grant date and an exercise price of $16. There were no other vested or urtvested options after this exercise Awarded 1.000 shares af stock to new executives, when the stock price was $36. Sold 101,00 shares to employees under the company-wide stock purchase plan, Under the plan, employees purchased the shares at a 10% discount when the stock price was 533 per share, Granted 40,000 new stock options, with a strike price of $34 and an estimated fair value of $6. The options vest over three years. Required Prepare the December 31, 2019 statement of stockholders' equity assuming that the company reports 2019 pretax income of $183.000 before the effects of stock-based comoensation. Assume the company has a 35 tax rate $ Sterly Stock options exercised Socard E perch Stock options gran Ne income End of year ASPEN CORPORATION Statement of Stockholders' Equity Preferred Stock Common Stock Retained Earnings Pald in Pald in Shares Capital in Shares Capital in Issue par $100 Excess Issued Paw $15 Excess $ 05 0$ $ OS 11 D D 0 0 0 O 0 O 2 0 0 O O 11 0 O 0 u D 9 0 3 0 OS 9 Os 05 OS 11 $ Identifying and Analyzing Financial Statement Effects of Stock-Based Compensation The stockholders' equity af Aspen Corporation at December 21, 2019, folavs. $40.000 22 Prester, 5100 per mother 4.000 shares oued and outstanding Common stock, 31 para 300.000 shares authorized SINHA Faid in capital in excess of parvalue preferred stock Paid in capitalinosso para common stock 4520 36.000 360,000 Toalety $1.571,00 The folowing transactions, arrang others occurred during the following year. Employees exercises 12.000 stock options that were granted in 2015 and had a three-yearvesting period. These options had an estimated fair value of $2 at the grant date and an exercise price of $16. There were no other vested or urtvested options after this exercise Awarded 1.000 shares af stock to new executives, when the stock price was $36. Sold 101,00 shares to employees under the company-wide stock purchase plan, Under the plan, employees purchased the shares at a 10% discount when the stock price was 533 per share, Granted 40,000 new stock options, with a strike price of $34 and an estimated fair value of $6. The options vest over three years. Required Prepare the December 31, 2019 statement of stockholders' equity assuming that the company reports 2019 pretax income of $183.000 before the effects of stock-based comoensation. Assume the company has a 35 tax rate $ Sterly Stock options exercised Socard E perch Stock options gran Ne income End of year ASPEN CORPORATION Statement of Stockholders' Equity Preferred Stock Common Stock Retained Earnings Pald in Pald in Shares Capital in Shares Capital in Issue par $100 Excess Issued Paw $15 Excess $ 05 0$ $ OS 11 D D 0 0 0 O 0 O 2 0 0 O O 11 0 O 0 u D 9 0 3 0 OS 9 Os 05 OS 11 $
