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On January 1. 2017 a company had the following shareholders' equity: EEB (Click the icon to view the shareholders' equity.) On January 4, the company

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On January 1. 2017 a company had the following shareholders' equity: EEB (Click the icon to view the shareholders' equity.) On January 4, the company purchased 18,000 shares of its common stock for $27 per share. On June 30, the company declared a $2.60 per share dividend to be paid on July 7. Net income for the year amounted to S284,000. Below, complete the stockholders' equity section of the company's balance sheet on December 31, 2017 Data Table Stockholders' Equity Balance Common Stock, $5 par value, 475,000 shares authorized 225,000 shares issued Additional Paid-in Capital in Excess of Par- Common Total Contributed Capital Retained Eamings Total Less: Cost of Treasury Stock Total Stockholders' Equity Common Stock, S5 par (475,000 shares authorized, 360,000 S 1,125,000 380,000 900,000 S 2,385,000 225,000 shares issued and outstanding) Additional Paid-in Capital in Excess of Par - Common Retained Earnings Total Stockholders' Equity 900,00 Print Done

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