On January 1, 2020, Splish Brothers Inc had the following stockholders equity balance Common Stock (893,000 shares issued) 4096,000 Paid in Capital in Etress of Per-Common Stock Eto 195,000 Common Stock Dividends Distributable 49 200 Retained Earnings 601,000 During 2020, the following transactions and events occurred 1 Issued 24350 shares of 52 par value common stock as a result of 596 stock dividend declared on December 15, 2019 2 Issued 27.500 shares of common stock for cash at $7 per share. Purchased 24500 shares of common stock for the treasuryat$5 pershara, Declared and paid = cash dividend of $114,000. Sold 300 shares of treasury stock for cash at $5 per share Earned net income of $303.000. Dragan Stockholders spuity statement for the year anagundute countblante hemma hos merecede the number a parentheses a 254 Spezh Brotters.inc Steckisoidas Eqt Statenent Pada Capital in Excess of Par Commen Stock Common Stock Common Stek Dienas Distin base Splish Brothers Inc Stockholders Equity Statement Paid in Capitalin Excess of Common Stock Common Stock Dividends Distributable Par- Tri Common Stock Balances Jan 1 S s s ISSUSC 25.650 share for stock dividend Issued 2500 sharestor Gash Purchase 200 shares TESSURE Scotia sasary sto tory Balance Dec 31 Splish Brothers Ine Stockholders'Equity Statement Common Stock Dividends Distributable Treasury Stock Retained Earnings Total S S 9