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On January 1, 2022, Shamrock, Inc. had these stockholders equity balances. Common Stock, $1 par (2,600,000 shares authorized, 680,000 shares issued and outstanding) $680,000 Paid-in

On January 1, 2022, Shamrock, Inc. had these stockholders equity balances.

Common Stock, $1 par (2,600,000 shares authorized, 680,000 shares issued and outstanding) $680,000
Paid-in Capital in Excess of Par Value 1,480,000
Retained Earnings 694,000
Accumulated Other Comprehensive Income 58,000

During 2022, the following transactions and events occurred.

1. Issued 49,000 shares of $1 par value common stock for $2 per share.
2. Issued 63,000 shares of common stock for cash at $3 per share.
3. Purchased 16,500 shares of common stock for the treasury at $3.00 per share.
4. Declared and paid a cash dividend of $174,000.
5. Earned net income of $385,500.
6. Had other comprehensive income of $18,200.

Prepare the stockholders equity section of the balance sheet at December 31, 2022.

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