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please help the question had to be taken in two shots. Problem 17-2A The following account balances relate to the stockholders' equity accounts of Kerts
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the question had to be taken in two shots.
Problem 17-2A The following account balances relate to the stockholders' equity accounts of Kerts Corp at year end. Common stock, 10,500 and 10,000 shares, respectively, for 2017 and 2016 Preferred stock, 5,000 shares Retained earnings $160,600 135,200 117,000 117,000 303,200 254 200 A small stock dividend was declared and issued in 2017. The market value of the shares was $10,800. Cash dividends we What was the amount of net income reported by Kerbs Corp. in 20177 Net income s LINK TO TEXT Determine the amounts of any cash inflows or outflows related to the common stock and dividend accounts in 2017 Common stock Dividends
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