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On January 1, 2017 a company had the following shareholders' equity: (Click the icon to view the shareholders' equity.) On January 4, the company purchased
On January 1, 2017 a company had the following shareholders' equity: (Click the icon to view the shareholders' equity.) On January 4, the company purchased 24.000 shares of its common stock for dollar45 per share. On June 30. the company declared a dollar3.40 per share dividend to be paid on July 7. Net income for the year amounted to dollar284,000. Below, complete the stockholders, equity section of the company's balance sheet on December 31, 2017
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