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In 2017, 16,100 shares were authorized and 6,600 shares of common stock ($60 par value) were issued at a price of $68, In 2018, 900
In 2017, 16,100 shares were authorized and 6,600 shares of common stock ($60 par value) were issued at a price of $68, In 2018, 900 shares were Issued as a stock dividend when the stock was selling for $69. 330 shares of common stock were bought in 2019 at a cost of $73 per share. These 330 shares are stll in the company treasury In 2018, 10,200 preferred shares were authorized and the company issued 4,800 of them ($100 par value) at $117. Same of the preferred stock was reacquired by the company and later reissued for $4,480 mare than it cost the company. The corporation has earned a total of $573,800 in net income after income taxes and paid out a total of $309,700 in cash dividends since incorporation. Prepare the stockholders' qu ty section ofthe balance sheet n proper om or ro per Corporation as of December 31 2019. Account for treasury stock using the cost method Enteraccount name only Do not provide descriptive n nation.) GROUPER CORPORATION Capital Stock preferred stock 80,000 450,000 common stock Total Capital Stoclk 930000 Additional Paid-in Capital Paid-in Capital in Excess of Par Preferred Stuck Paid-in Capital in Dxcess ot Par Common Stock 60,900 Pald-in Capital from Treasury Stock Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earnings 24,090 Windows " Windows Treasury Stock Total Stockholders Equity
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