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Instructions Prepare the stockholders' equity section of the balance sheet in proper form for Vicario Corporation as of December 31, 2022. Account for treasury stock
Instructions Prepare the stockholders' equity section of the balance sheet in proper form for Vicario Corporation as of December 31, 2022. Account for treasury stock using the cost method. P15.10 (LO 3) Writing (Stock Dividends and Stock Split) Oregon Inc. $10 par common stock is selling for $110 per share. Four million shares are currently issued and outstanding. The board of direc tors wishes to stimulate interest in Oregon common stock before a forthcoming stock issue but does not wish to distribute capital at this time. The board also believes that too many adjustments to the stockhold- ers' equity section, especially retained earnings, might discourage potential investors. The board has considered three options for stimulating interest in the stock: 1. A 20% stock dividend. 2. A 100% stock dividend. 3. A 2-for-1 stock split
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