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Please answer parts 1 & 2 and show all work, thanks. Toucnu. Preparing the Stockholders' Equity Section of the Balance Sheet and Evaluating Dividend Policy

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Please answer parts 1 & 2 and show all work, thanks.

Toucnu. Preparing the Stockholders' Equity Section of the Balance Sheet and Evaluating Dividend Policy P11-10 LO11-1, 11-3, 115, 117 The following information was extracted from the records of Cascade Company at the end of the fiscal year after all adjusting entries were completed: Common stock ($0.01 par value: 200,000 shares authorized, 54,000 shares issued, 52,000 shares outstanding) Additional paid-in capital Dividends declared and paid during the year Retained earnings at the end of the year Treasury stock at cost (2,000 shares) $ 540 456,000 22,000 312,000 (15,000) Net Income for the year was $95.000. The stock price is currently $10 per share. Required: epare the stockholders' equity section of the balance sheet at the end of the fiscal year. compute and evaluate the dividend yield ratio. Determine the number of shares of stock that received dividends

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