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 Additional paid-in capital on preferred stock Common stock, $2 par Preferred stock, $100 par Retained earnings $110,500 18,200 52,000. 91,000 222,000 During 2019, the company sold 4,100 shares of common stock for $8 per share and 270 shares of preferred stock for $123 per share. It also earned Income of $85,000 and paid dividends of $6 per share on the preferred stock and $1.50 per share on the common stock outstanding at the end of 2019. G