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P HW 1-Chapter 15 Question 2 of 19 < > Riverbed Company reported the following amounts in the stockholders equity section of its December
P HW 1-Chapter 15 Question 2 of 19 < > Riverbed Company reported the following amounts in the stockholders equity section of its December 31, 2019, balance sheet. Preferred stock, 11%, 5100 par (10,000 shares authorized, 2,100 shares issued) $210,000 Common stock. $5 par (104,500 shares authorized, 20,900 shares issued) 104,500 Additional paid-in capital Retained earnings Total 135,000 492,000 $941.500 During 2020, Riverbed took part in the following transactions concerning stockholders' equity -/25 1. Paid the annual 2019 $11 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31, 2019. 2 Purchased 1,600 shares of its own outstanding common stock for $39 per share. Riverbed uses the cost method. 3 Reissued 700 treasury shares for land valued at $28,700 A Issued 530 shares of preferred stock at $107 per share 5. 6 Declared a 10% stock dividend on the outstanding common stock when the stock is selling for $41 per share Issued the stock dividend 7. Declared the annual 2020 511 per share dividend on preferred stock and the $2 per share dividend on common stock. These A S
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