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Is this correct? Rutger was organized at the beginning of 2020. It had the following income items for the year ended December 31 , 2020:

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Rutger was organized at the beginning of 2020. It had the following income items for the year ended December 31 , 2020: As a new company, Rutger issued 50,000 shares of $1 par common stock for $350,000.0 On 3uly 5,2020 , Rutger reacquired 5,000 shares of its own stock for $25,000. Requiredt Prepare the December 31,2020 statement of changes in stockholders' equity. Rectuireds Prepare the December 31. 2020 atatement of changes is stockhoiders? eovity

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