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Question 4 of 5 View Policies Current Attempt in Progress On January 1, 2022. Carta Vista Corporation had the following stockholders' equity accounts. Common
Question 4 of 5 View Policies Current Attempt in Progress On January 1, 2022. Carta Vista Corporation had the following stockholders' equity accounts. Common Stock ($20 par value. 66,000 shares issued and outstanding) $1.320.000 Paid-in Capital in Excess of Par-Common Stock Retained Earnings During the year, the following transactions occurred. 205.000 603,000 Feb. 1 Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1.) Mar 1 Paid the dividend declared in February Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the market price per share was $40. -/1 July 1 Declared a 10% stock dividend to stockholders of record on July 15, distributable July 31. On July 1, the market price of the stock was $14 per share. 31 Issued the shares for the stock dividend. Dec. 1 Declared a $0.50 per share dividend to stockholders of record on December 15, payable January 5, 2023. 31 Determined that net income for the year was $340,000.
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