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Statement of Shareholders' Equity On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items: $127,925 Additional paid-in capital on
Statement of Shareholders' Equity On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items: $127,925 Additional paid-in capital on common stock Additional paid-in capital on preferred stock 12,200 Common stock, $2 par 60,200 61,000 Preferred stock, $100 par Retained earnings 193,000 During 2019, the company sold 3,000 shares of common stock for $12 per share and 300 shares of preferred stock for $137 per share. It also earned income of $97,000 and paid dividends of $9 per share on the preferred stock and $1.00 per share on the common stock outstanding at the end of 2019. Required: Prepare Osgood's statement of shareholders' equity (include retained earnings) for 2019. OSGOOD FILM STUDIOS Statement of Shareholders' Equity For Year Ended December 31, 2019 Preferred Stock $100 par Common Stock $2 par Additional Paid-in Capital on Preferred Stock Additional Paid-in Capital on Common Stock Retained Earnings Total
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