On January 1, 2022, Ivanhoe Inc had the following stockholders' equity balances. $970,000 520.000 Common Stock ( 485,000 shares issued) Paid-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Retained Earnings 230,000 540,000 During 2022, the following transactions and events occurred. 1 2 3. Issued 115,000 shares of $ 2 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 54 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 $ Sper share. 4 1. 2 3 Issued 115,000 shares of $ 2 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. Earned net income of $375,000 4. 5. 6. On January 1, 2022, Ivanhoe Inc had the following stockholders' equity balances. $970,000 520.000 Common Stock ( 485,000 shares issued) Paid-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Retained Earnings 230,000 540,000 During 2022, the following transactions and events occurred. 1 2 3. Issued 115,000 shares of $ 2 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 54 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 $ Sper share. 4 1. 2 3 Issued 115,000 shares of $ 2 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. Earned net income of $375,000 4. 5. 6