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On January 1, 2022, Future Islands Corporation had 50,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions
On January 1, 2022, Future Islands Corporation had 50,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred. Feb. 1 Issued 20,000 shares of common stock for $200,000 Apr 20 Declared a cash dividend of $2 per share to stockholders of record on June 15. Aug. 5 Paid the $2 cash dividend. Oct. 18 Purchased 5,000 shares of Treasury Stock for $20 per share Dec. 20 Declared a cash dividend on outstanding shares of $2.20 per share to stockholders of record on Dec. 31. On January 1, 2022, Future Islands Corporation had 50,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred. Feb. 1 Issued 20,000 shares of common stock for $200,000 Apr 20 Declared a cash dividend of $2 per share to stockholders of record on June 15. Aug. 5 Paid the $2 cash dividend. Oct. 18 Purchased 5,000 shares of Treasury Stock for $20 per share Dec. 20 Declared a cash dividend on outstanding shares of $2.20 per share to stockholders of record on Dec. 31
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