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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 $199,325
Additional paid-in capital on preferred stock 19,200
Common stock, $2 par 93,800
Preferred stock, $100 par 96,000
Retained earnings 179,000

During 2019, the company sold 2,800 shares of common stock for $9 per share and 450 shares of preferred stock for $125 per share. It also earned income of $100,000 and paid dividends of $10 per share on the preferred stock and $2.80 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
Balances, 1/1/19 $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 $fill in the blank 4 $fill in the blank 5 $fill in the blank 6
Common stock issued fill in the blank 7 fill in the blank 8 fill in the blank 9
Preferred stock issued fill in the blank 10 fill in the blank 11 fill in the blank 12
Net income fill in the blank 13 fill in the blank 14
Cash dividend paid on preferred fill in the blank 15 fill in the blank 16
Cash dividend paid on common fill in the blank 17 fill in the blank 18
Balances, 12/31/19 $fill in the blank 19 $fill in the blank 20 $fill in the blank 21 $fill in the blank 22 $fill in the blank 23 $fill in the blank 24

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