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Statement of Shareholders' Equity On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items: Additional paid-in capital on common

Statement of Shareholders' Equity

On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items:

Additional paid-in capital on common stock $127,500
Additional paid-in capital on preferred stock 14,200
Common stock, $2 par 60,000
Preferred stock, $100 par 71,000
Retained earnings 215,000

During 2019, the company sold 4,200 shares of common stock for $10 per share and 330 shares of preferred stock for $140 per share. It also earned income of $90,000 and paid dividends of $6 per share on the preferred stock and $2.80 per share on the common stock outstanding at the end of 2019.

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.

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Statement of Shareholdend Equity On January 1, 2019. Osgood Film Studios reported the following alphabetical list of shareholdersely items! Additional pald-in capital on.common stock $127.500 Additional pald-in capital on preferred stock 14,200 Common stock, 12 par 60,000 Preferred stock. $100 par 71.000 Retained earings 215.000 During 2019, the company old 4.200 shares of common stock for $10 per share and 130 shares of preferred stock for $140 per share. It also earned Income of $90,000 and puld dividends of pe share on the preferred stock and $2.50 per share on the common stock outstanding at the end of 2014 This information has been collected in the Microsoft Excel Online file. Open the readtheet, perform the recured walls, and input your answers in the question below. Open spreadsheet Required Prepare Osgood's statement of shareholders ondue retired earnings for 2012 OSGOOD FILM STUDIOS Statement of Shareholders Equity For Year Ended December 31, 2019 Pod RE Required: Prepare Osgood's statement of shareholders' equity (Include retained earnings) for 2019, OSGOOD FILM STUDIOS Statement of Shareholders' Equity Preferred Stock $100 par For Year Ended December 31, 2019 Common Additional Additional Stock Paid in Capital Pald-in Capital $2 par on Preferred Stock on Common Stock 60,000 14,200 $ 127,500 33,600 Retained Earnings Total Balances, 1/1/19 71,000 $ 215,000 $ 487,700 Common stock issued 8,400 42,000 Preferred stock issued 33,062 13.200 46,200 Net Income Cash dividend paid on preferred Cash dividend paid on common JUNI Balonces, 12/31/19 104.000 68,400 27,400 $161.100

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