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Problem 11-BA (Part Level Submission) On January 1, 2017 Flounder Corp. had these stockholders'uity accounts Common Stock (110 par valu, 80,000 shares sued and outstanding)

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Problem 11-BA (Part Level Submission) On January 1, 2017 Flounder Corp. had these stockholders'uity accounts Common Stock (110 par valu, 80,000 shares sued and outstanding) Paid-in Cortin Encess of Par Value Retained Earnings 480.000 During the year, the following transactions occurred Jan. 15 bedre din parte cond a ry 15 Feb. 15 d the wind declared in January Apr. 15 declared vided to chers of record on An May 15. on April 15, the market price of the stock was 16 per share MY 15 udheheheshin Dec 1 bedared a 50 per share cash dividend to holders of record on December 15, payable January 10, 2018 Dec. 31 Determined that net income for the year was 5417,000. Journalive the brain indude entre todos net income and dividends to Rendang (Mecard at amountered in any of try requires w e rywher e the dep and t her statement c a re when the

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