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Larkypir, Inc, reported the following balances at December 31, 2021:common stock $401,000, paid-in Capital in Execess of Parcommon stock $101,000, and retalned earnings $244,000. Durling
Larkypir, Inc, reported the following balances at December 31, 2021:common stock $401,000, paid-in Capital in Execess of Parcommon stock $101,000, and retalned earnings $244,000. Durling 2022, the following transactions affected stockholders equity 1 issued preferred stock whth a par value of $123,000 for $195,000. 2 Purchaced treseary vact fommon) for $39,000. 3. Earred netincome of $136,000. 4. Declared and paid cash dividends of $50,500
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