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Nautical has two classes of stock authorized: $ 1 0 par preferred, and $ 1 par value common. As of the beginning of 2 0

Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2024,100 shares of preferred stock and 2,900 shares of common stock have been issued. The following transactions affect stockholders' equity during 2024:
Mardl 1 Issue 2,900 additional shares of common stock for $11 per share.
April 1 Issue 200 additional shares of preferred stock for $39 per share. on June 15.
June 30 Pay the cash dividends declared on June 1.
August 1 Purchase 200 shares of common treasury stock for $8 per share.
October 1 Resell 100 shares of treasury stock purchased on August 1 for $10 per share.
Nautical has the following beginning balances in its stockholders' equity accounts on January 1,2024: Preferred Stock, $1,000; Common Stock, $2,900; Additional Paid-in Capital, $19,400; and Retained Earnings, $11,400. Net income for the year ended December 31,2024, is $7,600.
Taking into consideration the beginning balances on January 1,2024 and all the transactions during 2024, respond to the following for Nautical:
2. Prepare the statement of stockholders' equity for the year ended December 31,2024.(Amounts to be deducted should be indicated by a minus sign.)
\table[[NAUTICAL],[Statement of Stockholders' Equity],[For the Year Ended December 31,2024],[,\table[[Preferred],[Stock]],Common Stock,\table[[Additional],[Paid-in Capital]],\table[[Retained],[Earnings]],\table[[Treasury],[Stock]],\table[[Total],[Stockholders'],[Equity]]],[Balance, January 1],[Issue common stock],[Issue preferred stock],[Declare dividends,,T,+2,,,],[Purchase treasury stock],[Resell treasurv stock,,F,F,,,],[,,, Prey,14,,xt>
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