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More town Company had the following transaction in 2013, its first of operations Issued 30,000 shared of common stock. Stock has per value of $1.00

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More town Company had the following transaction in 2013, its first of operations Issued 30,000 shared of common stock. Stock has per value of $1.00 per share and was issued at $18.000 per share Earned net income of S70,000. Paid no dividends. The company charter authorizes 1.000.000 shares of common stock and 100.000 shares of preferred stock Please provide.he stockholders' equity section of the balance sheet at December 31.2013 Include information par values, and the number of shares authorized and issued, where necessary. No subtotals are needed for Z in capital, but please show total stockholders' equity on the bottom line

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