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Stellar Company had the following stockholders equity as of January 1, 2020. Common stock, $5 par value, 19,100 shares issued $95,500 Paid-in capital in excess

Stellar Company had the following stockholders equity as of January 1, 2020.

Common stock, $5 par value, 19,100 shares issued $95,500
Paid-in capital in excess of parcommon stock 304,000
Retained earnings 314,000
Total stockholders equity $713,500

During 2020, the following transactions occurred.

Feb. 1 Stellar repurchased 2,150 shares of treasury stock at a price of $20 per share.
Mar. 1 720 shares of treasury stock repurchased above were reissued at $18 per share.
Mar. 18 530 shares of treasury stock repurchased above were reissued at $13 per share.
Apr. 22 630 shares of treasury stock repurchased above were reissued at $22 per share.image text in transcribed
Prepare the stockholders' equity section as of April 30, 2020. Net income for the first 4 months of 2020 was $129,600. (Enter account name only and do not provide descriptive information.) STELLAR COMPANY Stockholders' Equity $ v $ $ Save for later

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