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On January 1, 2022, Wildhorse Co: had the following stockholders' equity balances. During 2022, the following transactions and events occurred. 1. Issued 80,250 shares of

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On January 1, 2022, Wildhorse Co: had the following stockholders' equity balances. During 2022, the following transactions and events occurred. 1. Issued 80,250 shares of $3 par value common stock as a result of 15% stock dividend declared on December 15,2021 . 2. Issued 33,500 shares of common stock for cash at $6 per share. 3. Purchased 21,500 shares of common stock for the treasury at $7 per share. 4. Declared and paid a cash dividend of $105,000. 5. Sold 8,500 shares of treasury stock for cash at $7 per share. 6. Earned net income of $375,000. Prepare a stockholders' cquity statement for the year. (if an amount reduces the occount bolance then enter with negative sign preceding the number es 45 or parentheses es (45).) Balances Jan, 1 Issued 80,250 share for stock dividend Assued 33.500 shares for cash Purchased 21.500 shares of treasury stock Deciared cash dividend Sold 8,500 shares of treasary stock Net income for year Balances, Doc, 31 eTextbook and Media Assistance Used Solue tor Laterer Attempts: 1 of 5 used Futwrit Arsever

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