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Noric Cruises Inc. began the month of October with the following balances: Common Stock, $ 1 4 0 , 0 0 0 ; Additional Paid

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Noric Cruises Inc. began the month of October with the following balances: Common Stock,
$140,000; Additional Paid-In Capital, $3,350,000; and Retained Earnings, $12,400,000. During
October, Noric issued for cash 40,000 shares of common stock (with a stated value of $1) at
$14 per share. Noric reported the following results for the month ended October 31:
Prepare a statement of stockholders' equity for the month ended October 31. If there is a net
loss or there has been a decrease in stockholders' equity, enter that amount as a negative
number using a minus sign. If an amount box does not require an entry, leave it blank.
Noric Cruises Inc.
Statement of Stockholders' Equity
For the Month Ended October 31
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