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PLEASE HELP ME SOMEONE IM STRUGGLING. I just want to understand how ro gwt the formulas Your answer is partially correct. Try again. On January
PLEASE HELP ME SOMEONE IM STRUGGLING. I just want to understand how ro gwt the formulas Your answer is partially correct. Try again. On January 1, 2022, Marin Inc. had these stockholders' equity balances. Common Stock, $1 par (2,300,000 shares authorized, 710,000 shares issued and outstanding) $710,000 Paid-in Capital in Excess of Par Value 1,410,000 Retained Earnings 693,000 Accumulated Other Comprehensive Income 47,000 During 2022, the following transactions and events occurred. 1. 2. 3. Issued 53,000 shares of $1 par value common stock for $3 per share. Issued 55,500 shares of common stock for cash at $3 per share. Purchased 15,800 shares of common stock for the treasury at $3.80 per share. Declared and paid a cash dividend of $131,500. Earned net income of $401,000. Had other comprehensive income of $19,800. Prepare the stockholders' equity section of the balance sheet at December 31, 2022. MARIN INC. Partial Balance Sheet December 31, 2022 Stockholders' Equity T Paid-in Capital Common Stock Additional Paid-in Capital CES MARIN INC. Partial Balance Sheet December 31, 2022 Stockholders' Equity dy T Paid-in Capital Common Stock Additional Paid-in Capital Paid-in Capital in Excess of Par Value-Common Stock Total Paid-in Capital Retained Earnings 0 000, Total Paid-in Capital and Retained Earnings Accumulated Other Comprehensive Income . Less Treasury Stock T Total Stockholders' Equity Click if you would like to Show Work for this question: Open Show Work
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