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On January 1, 2022. Crane Inc. had the following stockholders' equity balances. During 2022, the following transactions and events occurred. 1. Issued 95.000 shares of

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On January 1, 2022. Crane Inc. had the following stockholders' equity balances. During 2022, the following transactions and events occurred. 1. Issued 95.000 shares of $2 par value common stock as a result of 15% stock dividend declared on December 15,2023. 2. Issued 47.500 shares of common stock for cash at $4 per share. 3. Purchased 34,000 shares of common stock for the treasury at $5 per share. 4. Declared and paid a cash dividend of $116,000. During 2022, the following transactions and events occurred. 1. Issued 95,000 shares of $2 par value common stock as a result of 15% stock dividend declared on December 15,2023. 2. Issued 47.500 shares of common stock for cash at $4 per share. 3. Purchased 34,000 shares of common stock for the treasury at $5 per share. 4. Declared and paid a cash dividend of $116,000. 5. Sold 9.000 shares of treasury stock for cash at $5 per share. 6. Earned net income of $365,000. Prepare a stockholders' equity statement for the year. (If an amount reduces the account balance then enter with negative sign preceding the number eg. 45 or parentheses e.. (45). Prepare a stockholders' equity statement for the year. (If an amount reduces the account balance then enter with negative sign preceding the number es. 45 or parentheses eg. (45).). Common

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