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Instruction Noric Cruises Inc. began the month of October with the following balances: Common Stock $160,000: Additional Paid-in Capital, $3,375,000: and Retained Earningo, $12,700.000. During

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Instruction Noric Cruises Inc. began the month of October with the following balances: Common Stock $160,000: Additional Paid-in Capital, $3,375,000: and Retained Earningo, $12,700.000. During June, Noric issued for cash 40,000 shares of common stock (with a stated value of $1) at S14 per share. Noric reported the following results for the month ended October 31: Net income $2,350,000 Cash dividends declared 450,000 Prepare a statenent of stockholder'equity for a month ended October 31. Be sure to complete the statement reading Refer to the list of Labels and Amount Descriptions for the exact wording of text entries. If there is a not loss or there has been a decrease in stockholders' equily enter that amount as a negative number using a minus sign Statement of Stockholders' Equity Statement of Stockholders' Equity Label Common Stock Additional Paid In Capital Retained Earnings Total 2 4 5 Check My Work more Check My Work uses remaining, Previous Next

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