Lycrows it festecam ! 2001 - wylece . flyry.com/quisets/Servieteed-11217 Question 3 [4 points] Ludwig Inc. had the following balances in its equity accounts al December 21, 2014 Common shares, united stars authorized 127.000 shares issued, and outstanding Retained camnings $3,048.000 $200,000 During 2015 the board of directors declared a 2.1 Share split. Prepare the company's equity section at December 31, 20*6 assuming a net income of 532.000 Linc Equity Section of Bsance Shoot December 31, 2015 Contributed Capital Common shares unlimited shares and criext shares issued and outstanding Relained Earnings Total Equity Question 4 (20 points) Bentley Inc, began a very lucrative consulting operation on February 1 2014. They are authorized to issue 450.000 shares of 85.00 cumulative preterred shares. They are also authorized to issue 700.000 common shares a February 7 10,000 of the preferred shares were issued for a total of $70 000 cash b Fans of the common shares were issued for total of S29,700 casi