Marine obtained a charter from the state in January that authorized 1,000,000 shares of common stock, $5 par value. During the first year, the company earned $410,000 of net income and the following selected transactions occurred in the order given: (I asked question before and the person didn't get it correct, please help)

a.

Issued 110,000 shares of the common stock at $56 cash per share.

b.

Reacquired 26,000 shares at $51 cash per share.

c.

Reissued 10,500 shares from treasury for $52 per share.

d.

Reissued 10,500 shares from treasury for $50 per share.

1) Prepare the stockholders equity section of the balance sheet at December 31. (Amounts to be deducted should be indicated by a minus sign. Not all blanks have to be filled)

World MARINE
Balance Sheet (Partial)
At December 31
Stockholders Equity
Contributed Capital:	?
	?
	?
	?
	?
Total Contributed Capital	?
	?
	?
Total	?
Less Treasury Stock? Or Add?	?
	?
Total Stockholders Equity	?