Safari File Edit View History Bookmarks Window Help newconnecmeducation.com My Grades-M SO 00201 les of Me Mal - Henry Sanches - Outlook Camous MCPP Chapter 10 Homework Required information The following information applies to the questions displayed below) Donnie Hilfiger has two classes of stock authorized: $1 par preferred and $0 01 par le common. As of the beginning of 2021, 300 shares of preferred stock and 4,000 shares of common stock have been issued. The following ons affect stockholders' equity during 2021 March 15e1.100 shares o n sto for 142 per there S Nrchase 400 shares of treasury stock for for a per share. October 15 Issue 200 shares of preferred stock for $45 per share. er Declare cash on both common and preferred stock of sase per Share to all stockholders of record on December 15. Mints Dividends are not paid on treasury stock.) December 31 Pay the cash dividends declared on December 1 Donnie Hifiger has the following beginning balances in its stockholders' equity accounts on January 2021 Preferred Stock, $300, Common Stock, $40, Additional Paid-in Capital, $75,000, and Retained Earnings. $30.500. Net Income for the year ended December 31, 2021 is $10.800 Taking into consideration the beginning balances on January 1, 2021 and all the transactions during 2021. respond to the following for Dormie Hilfiger Required 1. Prepare the stockholders' equity section of the balance sheet as of December 31, 2021 (Amounts to be deducted should be indicated by a minus sign.) DONNIE HILFIGE Stockholders' Equity