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On 2/2020 the stockholders' equity of BST Corporation was as follows: Paid in capital : Preferred stock$ 100 par, authorized 20,000 shares, issued and $400,000
On 2/2020 the stockholders' equity of BST Corporation was as follows: Paid in capital : Preferred stock$ 100 par, authorized 20,000 shares, issued and $400,000 Outstanding 4,000 shares Common stock$ 5 par authorized 2 million shares, issued and $1,800,000 Outstanding ??????? shares Common stock dividends distributable Paid in capital in excess of par- common Paid in capital in excess of par- preferred Total paid in Capital Retained Earnings Total stockholders' Equity $90,000 $ 200,000 $82,000 $2,572,000 $540,000 $3,112,000 In January 2021, the stock dividends was issuedand the company re-acquired some of its common shares from the market, by paying $240.000. when the market price was $6. the answer musr equal 338000
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