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Question 13 of 13 < -12 E Bonita Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common.
Question 13 of 13 < -12 E Bonita Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders' equity. Preferred Stock, 148,100 shares $2.962,000 Common Stock, 1,961,000 shares 9,805,000 Paid-in Capital in Excess of Par-Preferred Stock 191.000 Paid-in Capital in Excess of Par-Common Stock 27.124,000 Retained Earnings 4,537,000 The following transactions affected stockholders' equity during 2021 Jan. 1 Feb. 1 28,400 shares of preferred stock issued at $24 per share. 53,400 shares of common stock issued at $20 per share. June 1 July 1 Sept. 15 2-for-1 stock split (par value reduced to $2.50). 31,100 shares of common treasury stock purchased at $10 per share. Bonita uses the cost method. 9,900 shares of treasury stock reissued at $11 per share. Dec. 31 Dec. 31 The preferred dividend is declared, and a common dividend of 54 per share is declared. Net income is $2,093,000. Prepare the stockholders' equity section for Bonita Company at December 31,2021. (Enter account name only and do not provide descriptive information.) 106 8 MacBook Pro A W
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