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need asap please Robinson Industries reported the following statement of shareholders' equity for the year ended 31 December 20X7 Balance, January 1, 20x7 Issuance of
need asap please
Robinson Industries reported the following statement of shareholders' equity for the year ended 31 December 20X7 Balance, January 1, 20x7 Issuance of common shares for cash Retirement of common shares Costs associated with equity issue Stock dividend Comprehensive income Retirement of preferred shares Balance, 31 December 20x7 Other Contributed Reserve re: Common Preferred Capital Unrealized Share Share (A11 Retained Gains, Capital Capital Sources) Earnings Investments $ 6,332 $ 3,675 1,133 513 $63 8,084 (1,175) (491) (269) 289 (535) 2,145 28 (970) (159) (50) $ 13,530 $ 2,705 $ 483 $ 1,804 $91 Required: 1. Not available in Connect 2 Earnings were $2,954. How much is comprehensive income? Comprehensive income 2. Earnings were $2,954. How much is comprehensive income? Comprehensive income 3. What amount was paid to retire common shares during the year? Common shares 4-a. What amount was paid to retire preferred shares during the period? Preferred shares 4-b. What amount should be deduction from contributed capital? Deduction from contributed capital 4-c. What amount should be deduction from retained earnings? Deduction from retained earingsStep by Step Solution
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