minus sign. Enter your anders uity for Nicus Corporation for 2021. (Amoebe deducted should be indested with Part A Prepare the Nicklaus Corporation shareholders' equity section as it would appear in a balance sheet prepared at September 30, In late 2020, the Nicklaus Corporation was formed. The corporate charter authorizes the issuance of 4,000,000 shares of common 121. (Assume net income for the second and third quarter was $2.550.000) stock carrying a $1 per value and 1,000,000 shares of $5 par value, noncumulative, nonparticipating preferred stock. On January 2 2021, 2,000,000 shares of the common stock are issued in exchange for cash at an average price of $15 per Share Also on January 2 irt all 1000.000 shares of preferred stock are issued at $30 per share October 1, 2021, Nicklaus Corporation receives permission to replace its $t par value common stock 4,000,000 shares authorized 000,000 shares issued, and 1,900,000 shares outstanding with a new common stock issue having a $0.50 per value. Since the new Required: ir value is one-half the amount of the old, this represents a 2-for-stock split. That is, the shareholders will receive two shares of the 1. Prepare journal entries to record these transactions 50 par stock in exchange for each share of the St par stock they own. The S1 par stock will be collected and destroyed by the 2. Prepare the shareholders' equity section of the Nicklaus balance sheet as of March 31, 2021 (Assume net income for the first iuing corporation quarter 2021 was $1100.000) November 1.2021, the Nicklaus Corporation declares a $0.05 per share cash dividend on common stock and a $0.21 per shere Part B sh dividend on preferred stock. Payment is scheduled for December 1 2021. to shareholders of record on November 15, 2021 During 2021, the Nicklaus Corporation participated in three treasury stock transactions December 2.2021. the Nicklaus Corporation declares a 3 stock dividend payable on December 28, 2021. to shareholders of cord on December 14. At the date of declaration, the common stock was selling in the open market at $15 per share. The dividend a. On June 30, 2021. the corporation reacquires 200.000 shares for the treasury at a price of $17 per share result in 114.000 (0.03 3.800.000) additional shares being issued to shareholders b. On July 31, 2021 50,000 treasury shares are reissued at $20 per share quired: c. On September 30, 2021.50.000 treasury shares are reissued at $15 per share Prepare journal entries to record the declaration and payment of these stock and cash dividends. Prepare the December 31, 2021. shareholders' equity section of the balance sheet for the Nicklaus Corporation (Assume net income Required: the fourth Quarter was $2,050.0001 1. Prepare journal entries to record these transactions Prepare a statement of shareholders' equity for Nicklaus Corporation for 2021 2. Prepare the Nicklaus Corporation shareholders equity section as it would appear in a balance sheet prepared at September 30, 2021. (Assume net income for the second and third quarter was $2.550,000) Complete this question by entering your answers in the tabs below Part On October 1.2021. Nicklaus Corporation receives permission to replace its $1 par value common stock (4.000.000 shares authorized 2,000,000 shares issued, and 1900,000 shares outstanding with a new common stock issue having a $0.50 per value. Since the new Required: Required 2 Required 1 Required 2 Required: Required 2 Required par value is one-half the amount of the old, this represents a 2-for-1 stock spit. That is, the shareholders will receive two shares of the Part A Part A Part B Part 3 Port Part C Pert $0.50 par stock in exchange for each share of the S1 par stock they own. The S1 par stock will be collected and destroyed by the issuing corporation On November 1, 2021, the Nicklaus Corporation declares a $0.05 per share cash dividend on common stock and a $0 21 per share cash dividend on preferred stock. Payment is scheduled for December 1, 2021, to shareholders of record on November 15, 2021 NICKLAUS CORPORATION Statement of Shareholders' Equity On December 2, 2021, the Nickleus Corporation declares a 3% stock dividend payable on December 28, 2021. to shareholders of For the Year Ended Dec 31, 2021 record on December 14. At the date of declaration, the common stock was selling in the open market at $15 per share. The dividend will result in 114.000 (003 3,800,000) additional shares being issued to shareholders $ in thousands) Additional Totsi Required: Preferred Commen Paid in Retained Treasury Shareholders 1. Prepare journal entries to record the declaration and payment of these stock and cash dividends Stock 2. Prepare the December 31, 2021, shareholders' equity section of the balance sheet for the Nicklaus Corporation. Assume net income Stock Capital Earnings Stock Equity for the fourth quarter was $2.050.000) 5. 2. 2021 3. Prepare a statement of shareholders equity for Nicklaus Corporation for 2021 Ce of preferred stock 2.000.000 1,700,000 1,800,000 suance of common stock Complete this question by entering your answers in the tabs below. urchase of treasury stock 57.000 1.663.000 sle of treasury stock Wine Required: Required 2 Required 1 Required 2 Required 1 Required 2 Recured Part A Part Part B (100.000) Part ommon cash dividende Pat B Part Part (100,000) referred cash dividends (210.000 (210.000 Prepare a statement of shareholders equity for Nickleux Corporation for 2021. (Amounts to be deducted should be indicated with e dividend minus sign. Enter your answers in thousands.) ocember 21, 2021 0 2.057.000 1.000.000 1,300,000 1,500,000 NICKLAUS CORPORATION Statement of Shareholders' Equity minus sign. Enter your anders uity for Nicus Corporation for 2021. (Amoebe deducted should be indested with Part A Prepare the Nicklaus Corporation shareholders' equity section as it would appear in a balance sheet prepared at September 30, In late 2020, the Nicklaus Corporation was formed. The corporate charter authorizes the issuance of 4,000,000 shares of common 121. (Assume net income for the second and third quarter was $2.550.000) stock carrying a $1 per value and 1,000,000 shares of $5 par value, noncumulative, nonparticipating preferred stock. On January 2 2021, 2,000,000 shares of the common stock are issued in exchange for cash at an average price of $15 per Share Also on January 2 irt all 1000.000 shares of preferred stock are issued at $30 per share October 1, 2021, Nicklaus Corporation receives permission to replace its $t par value common stock 4,000,000 shares authorized 000,000 shares issued, and 1,900,000 shares outstanding with a new common stock issue having a $0.50 per value. Since the new Required: ir value is one-half the amount of the old, this represents a 2-for-stock split. That is, the shareholders will receive two shares of the 1. Prepare journal entries to record these transactions 50 par stock in exchange for each share of the St par stock they own. The S1 par stock will be collected and destroyed by the 2. Prepare the shareholders' equity section of the Nicklaus balance sheet as of March 31, 2021 (Assume net income for the first iuing corporation quarter 2021 was $1100.000) November 1.2021, the Nicklaus Corporation declares a $0.05 per share cash dividend on common stock and a $0.21 per shere Part B sh dividend on preferred stock. Payment is scheduled for December 1 2021. to shareholders of record on November 15, 2021 During 2021, the Nicklaus Corporation participated in three treasury stock transactions December 2.2021. the Nicklaus Corporation declares a 3 stock dividend payable on December 28, 2021. to shareholders of cord on December 14. At the date of declaration, the common stock was selling in the open market at $15 per share. The dividend a. On June 30, 2021. the corporation reacquires 200.000 shares for the treasury at a price of $17 per share result in 114.000 (0.03 3.800.000) additional shares being issued to shareholders b. On July 31, 2021 50,000 treasury shares are reissued at $20 per share quired: c. On September 30, 2021.50.000 treasury shares are reissued at $15 per share Prepare journal entries to record the declaration and payment of these stock and cash dividends. Prepare the December 31, 2021. shareholders' equity section of the balance sheet for the Nicklaus Corporation (Assume net income Required: the fourth Quarter was $2,050.0001 1. Prepare journal entries to record these transactions Prepare a statement of shareholders' equity for Nicklaus Corporation for 2021 2. Prepare the Nicklaus Corporation shareholders equity section as it would appear in a balance sheet prepared at September 30, 2021. (Assume net income for the second and third quarter was $2.550,000) Complete this question by entering your answers in the tabs below Part On October 1.2021. Nicklaus Corporation receives permission to replace its $1 par value common stock (4.000.000 shares authorized 2,000,000 shares issued, and 1900,000 shares outstanding with a new common stock issue having a $0.50 per value. Since the new Required: Required 2 Required 1 Required 2 Required: Required 2 Required par value is one-half the amount of the old, this represents a 2-for-1 stock spit. That is, the shareholders will receive two shares of the Part A Part A Part B Part 3 Port Part C Pert $0.50 par stock in exchange for each share of the S1 par stock they own. The S1 par stock will be collected and destroyed by the issuing corporation On November 1, 2021, the Nicklaus Corporation declares a $0.05 per share cash dividend on common stock and a $0 21 per share cash dividend on preferred stock. Payment is scheduled for December 1, 2021, to shareholders of record on November 15, 2021 NICKLAUS CORPORATION Statement of Shareholders' Equity On December 2, 2021, the Nickleus Corporation declares a 3% stock dividend payable on December 28, 2021. to shareholders of For the Year Ended Dec 31, 2021 record on December 14. At the date of declaration, the common stock was selling in the open market at $15 per share. The dividend will result in 114.000 (003 3,800,000) additional shares being issued to shareholders $ in thousands) Additional Totsi Required: Preferred Commen Paid in Retained Treasury Shareholders 1. Prepare journal entries to record the declaration and payment of these stock and cash dividends Stock 2. Prepare the December 31, 2021, shareholders' equity section of the balance sheet for the Nicklaus Corporation. Assume net income Stock Capital Earnings Stock Equity for the fourth quarter was $2.050.000) 5. 2. 2021 3. Prepare a statement of shareholders equity for Nicklaus Corporation for 2021 Ce of preferred stock 2.000.000 1,700,000 1,800,000 suance of common stock Complete this question by entering your answers in the tabs below. urchase of treasury stock 57.000 1.663.000 sle of treasury stock Wine Required: Required 2 Required 1 Required 2 Required 1 Required 2 Recured Part A Part Part B (100.000) Part ommon cash dividende Pat B Part Part (100,000) referred cash dividends (210.000 (210.000 Prepare a statement of shareholders equity for Nickleux Corporation for 2021. (Amounts to be deducted should be indicated with e dividend minus sign. Enter your answers in thousands.) ocember 21, 2021 0 2.057.000 1.000.000 1,300,000 1,500,000 NICKLAUS CORPORATION Statement of Shareholders' Equity