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Prepare the stockholders' equityr section for Reynolds Company at December 31, 2015. Show all supporting computations. Reynolds Companyr has two classes of capital stock outstanding:

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Prepare the stockholders' equityr section for Reynolds Company at December 31, 2015. Show all supporting computations. Reynolds Companyr has two classes of capital stock outstanding: 3%, $30 par preferred and $10 par common. At December 31, 201?, the following accounts were included in stockholders' equity. Preferred Stock, 105,000 shares 3 4,950,000 Common Stock, 2,200,000 shares 22,000,000 Paidin Capital in Excess of ParPreferred 330,000 Paidin Capital in Excess of ParCommon 45,100,000 Retained Earnings 3,2?8,000 The following transactions affected stockholders' equity during 2018. Jan. 1 30,000 shares of preferred stock issued at $45 per share. Feio. 1 3?,500 shares of common stock issued at $23 per share. June 1 2-for1 stock split [par value reduced to $5.00)

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