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On December 31, 2021, Sunland Company had 1.360,000 shares of $5 par common stock issued and outstanding. At December 31. 2021, stockholders equity had the

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On December 31, 2021, Sunland Company had 1.360,000 shares of $5 par common stock issued and outstanding. At December 31. 2021, stockholders equity had the amounts listed here. Common Stock Additional Paid-in Capital Retained Earnings $6.800,000 1.870,000 1.150,000 1. Transactions during 2022 and other information related to stockholders equity accounts were as follows. On January 10, issued at $105 per share 111.000 shares of S101 par value, 9% cumulative preferred stock. On February 8, reacquired 14,100 shares of its common stock for $10 per share. On May 9.declared the yearly cash dividend on preferred stock payable June 10, to stockholders of record on May 31. On June 8, declared a cash dividend of $1.80 per share on the common stock outstanding, payable on July 10, to stockholders of record on July 1. Net income for 2022 was $3,695.000 2. 3. 4. 5. Date Account Titles and Explanation Debit Credit (To dosent income (Todos con divided)

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