SHARES AND SHAREHOLDERS EQUIT Times New Rom BIU I On January 1 2020, Mark Company authorized to issue 10, 000,000 common shares. The company issued 700,000 common shares for $9.00 per share. On March 1, 2020, the company issued 450,000 more common shares at an average price of $10.50. On June 1, 2020, the declared and paid cash dividends of $200,000. On Decl, 2020 the company distribute a 5% stock dividend to its outstanding shareholders. The market price at the time was $10.00 per share. Mark net income is $1,000,000 Required: Compute the balance in shareholders' equity-show all calculations ish (United States 3. How does the demand curve for monopolist firm differ from the demand curves for firms in competitive market structures