On January 1, 2022, Ivanhoe Inc had the following stockholders' equity balances 5970,000 520.000 Common Stock ( 485,000 shares sued) Paid-in Capital in Excess of Par-Common Stock Common Stock Dividers Distributable Retained Earnings 230.000 540.000 1 2 2 During 2022, the following transactions and events occurred Issued 115,000 shares of 52 par value common stock as a result of 15% stock dividend declared on December 15,2023 Issued 57.500 shares of common stock for cash at $4 per share. Purchased 32,000 shares of common stock for the treasury at $5 per share Declared and paid a cash dividend of $ 117,000, Sold 5,000 shares of treasury stock for cash at $5 per share. 3 4 5. 6. 6. Earned net income of $ 375.000 Ivanhoe Inc. Stockholders' Equity Statement (in thousands, except shares) Paid in Capital in Excess of Par Common Stock Common Stock Dividends Distributable Tri Common Stock Balances Jan. 1 970000 520.000 230.000 Issued 115.000 share for stock dividend D 230.000 230000 Issued 57,500 shares for cash 115.000 115.000 Purchased