Merry mount inc ended 2016 with 12 million shares of $1 par common stock issued and outstanding. Beginning additionalnpaid in capital was $16 million , and retained earnings totaled 43 million

Here are the 2017 transactions :

Complete the following tabulation to show what merry mount inc should report for stockholders equity December 31,2017

. In June, the company declared and distributed a 10% stock dividend at a time when .Then in September, Merry Mount's stock price dropped to $1 per share and the company . For the year, Merry Mount earned net income of $21 million and declared cash dividends of In April 2017, Merry Mount issued 9 million shares of common stock at a price of $2 per share. Merry Mount's common stock had a market value of $13 per share purchased 9 million shares of treasury stock S18 million t Done