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. Prepare a statement of stockholders equity for the year ended December 31, 20Y1. Assume that net income was $8,497,000 for the year ended December

. Prepare a statement of stockholders equity for the year ended December 31, 20Y1. Assume that net income was $8,497,000 for the year ended December 31, 20Y1. For those boxes in which you must enter subtracted or negative numbers use a minus sign. If an amount box does not require an entry, leave it blank or enter 0.

Nav-Go Enterprises Inc. Statement of Stockholders Equity For the Year Ended December 31, 20Y1
Common Stock Paid-In Capital in Excess of Stated Value Paid-In Capital from Sale of Treasury Stock Retained Earnings Treasury Stock Total
Balances, January 1Balances, December 31Cash dividendsIssued Common StockStock dividendsSale of treasury stockNet incomeNet lossPurchase of treasury stock $fill in the blank 96 $fill in the blank 97 $fill in the blank 98 $fill in the blank 99 $fill in the blank 100 $fill in the blank 101
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock fill in the blank 103 fill in the blank 104 fill in the blank 105
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock fill in the blank 107 fill in the blank 108
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock fill in the blank 110 fill in the blank 111
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock fill in the blank 113 fill in the blank 114 fill in the blank 115 fill in the blank 116
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock fill in the blank 118 fill in the blank 119 fill in the blank 120
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock fill in the blank 122 fill in the blank 123
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock $fill in the blank 125 $fill in the blank 126 $fill in the blank 127 $fill in the blank 128 $fill in the blank 129 $fill in the blank 130

4. Prepare the Stockholders Equity section of the December 31, 20Y1, balance sheet. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Nav-Go Enterprises Inc. Balance Sheet December 31, 20Y1
Stockholders' Equity
Paid-In Capital:
CashCommon Stock, $10 Stated Value (550,000 Shares Authorized, 451,500 Shares Issued)Retained EarningsTreasury Stock (23,000 Shares, at Cost) fill in the blank 132
CashExcess of Issue Price Over Stated ValueRetained EarningsTreasury Stock (23,000 Shares, at Cost) fill in the blank 134
CashFrom Sale of Treasury StockRetained EarningsTreasury Stock (23,000 Shares, at Cost) fill in the blank 136
Total Paid-In Capital fill in the blank 137
Excess of Stated Value-Common StockFrom Sale of Treasury StockRetained EarningsTreasury Stock (23,000 Shares, at Cost) fill in the blank 139
Total fill in the blank 140
Paid-in-Capital in Excess of Stated Value-Common StockCashRetained EarningsTreasury Stock (23,000 Shares, at Cost) fill in the blank 142
Total Stockholders' Equity fill in the blank 143

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