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On January 1 , 2 0 2 4 , Dolar Incorporated had the following account balances in its shareholders' equity accounts. Common stock, $ 1

On January 1,2024, Dolar Incorporated had the following account balances in its shareholders' equity accounts.
Common stock, $1 par, 241,000 shares issued
Paid-in capital-excess of par, common
Paid-in capital-excess of par, preferred
Preferred stock, $100 par, 19,500 shares outstanding
Retained earnings
Treasury stock, at cost,4,100 shares
$241,000
482,000
195,000
1,950,000
3,900,000
20,500
During 2024, Dolar Incorporated had several transactions relating to common stock.
January 15: Declared a property dividend of 100,000 shares of Burak Company (book value $11.9 per share, fair value $9.95 per share).
February 17: Distributed the property dividend.
April 10: A 2-for-1 stock split was declared and distributed on outstanding common stock and effected in th form of a stock dividend. (Dolar chose to reduce Paid-in capital-excess of par.) The fair value July 18: of the stock was $4 on this date.
July 18: Declared and distributed a 4% stock dividend on outstanding common stock. The fair value is $5 pe December 1: Declared a 50 cents per share cash dividend on the outstanding common shares.
December 20: Paid the cash dividend.
Required:
Without preparing journal entries, prepare the shareholders' equity section of Dolar's balance sheet as of December 31,2024. Assume net income is $410,000 for 2024.
Note: Negative amounts should be entered with a minus sign.
\table[[Dolar Incorporated],[Balance Sheet (Partial)],[December 31,2024],[Shareholders' equity,],[Common stock,],[Paid-in capital - excess of par, common,],[Preferred stock,1,950,000
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