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Problem 15-2 (Part Level Submission) Bonita Company had the following stockholders' equity as of January 1, 2017. Common stock, $5 par value, 18,400 shares issued
Problem 15-2 (Part Level Submission) Bonita Company had the following stockholders' equity as of January 1, 2017. Common stock, $5 par value, 18,400 shares issued Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity $92,000 303,000 318,000 $713,000 During 2017, the following transactions occurred. Feb. 1 Mar. 1 Mar. 18 Apr. 22 Bonita repurchased 2,100 shares of treasury stock at a price of $17 per share. 880 shares of treasury stock repurchased above were reissued at $15 per share. 480 shares of treasury stock repurchased above were reissued at $14 per share. 610 shares of treasury stock repurchased above were reissued at $20 per share. v (b) Prepare the stockholders' equity section as of April 30, 2017. Net income for the first 4 months of 2017 was $135,000. (Enter accoun BONITA COMPANY Stockholders' Equity Click if you would like to Show Work for this question: Open Show Work
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