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Moving to another question will save this response. Question 1 in Dawson Corporation's first year of business, the following transactions affected its equity accounts. Issued

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Moving to another question will save this response. Question 1 in Dawson Corporation's first year of business, the following transactions affected its equity accounts. Issued 4,200 shares of $2 par value common stock for $20. It authorized 20,000 shares Issued 1,050 shares of 12%, $10 par value preferred stock for $25. It authorized 3,000 shares. Reacquired 210 shares of common stock for $32 each. Retained earnings is impacted by reported net income of $52,000 and cash dividends of $16,000. Prepare the stockholders' equity section of Dawson's balance sheet as of December 31 TT T Arial 3(12pt) T S E OPG'S

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