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laration to preferred shares and Ile Sildie uiviucnu nu a i pice Un Juruuly 2, 2020. Problem 13-3A Share dividends, share splits, retirements, equity section

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laration to preferred shares and Ile Sildie uiviucnu nu a i pice Un Juruuly 2, 2020. Problem 13-3A Share dividends, share splits, retirements, equity section of balance sheet 2012 CHECK FIGURE: Equity, Dec 31, 2020 = $7,206,000 AIM Inc. showed the following equity account balances on the December 31, 2019, balance sheet: Common shares, unlimited authorized shares. 640,000 shares issued and outstanding. Retained earnings $5,760,000 2,130,000 902 13 Corporate Reporting: Prof. Eings Per Share, waving selected transactions occurred woning: Prof E ngs Per Shved E wwing 2020, the follo retired 168,000 common shares at $10 00 per share this Repurchased and by AIM are spult to shareholders of record on June 1. distributie June 15 share dividend to shareholders of record on December 10. distributable December 20 the shares on December 1. December 10, and December 20 were 17.00 $6.76, and seement record Declared a 2:1 share Declared a 10% sha market prices of respectively Distributed the sh Closed the credit bata he share dividend declared December want balance of $996,000 in the income Summary 31 EU Required actions above (assuming the retirements were the first ever recorded by AIM ection on the December 31, 2020, balance sheet. . Journal Tournalize the transac Prepare the equity sectie AA Dividends, retirement, stator

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