Sunny's Emporium had the following transactions in April, 2024 Sunny's Emporium had the following transactions in April, 2024, the final month in their fiscal year:

TRANSACTIONS

April 1 The balance in the office equipment account is related to a computer system that was puchased on May 1, 2020, almost four years ago.

A new computer system has been purchased for $50,000 cash that replaces the entire old system. The company doing the installation removes and disposes of the old system at no cost as a courtesy.

The old system was being depreciated using the double-declining balance method with a 5 year life and no residual value. April 5 The company had repurchased 500 shares of stock in November at $75 per share (you do not need to make this entry-it is included in the account balances).

They resell all of these shares at $95 per share (this is the piece you need to record). April 10 The company issues 2,500 shares of no-par common stock at $98 per share. April 15 Market interest rates have fallen to 3%. The company calls the outstanding bonds by paying the bond investors face value. April 15 Further analysis determines that they only need $250,000 so they signed a note with first Interstate Bank for that amount.

It is a 5-year, 3% note payable in full at maturity. April 20 Rather than declaring a cash dividend, the company decides to declare a 5% stock dividend that is to be capitalized at the market price of the stock, which is $100 per share.

30-Apr Distributed the stock dividend declared on April 20. 4 Prepare a multiple-step income statement.

Prepare a statement of stockholders equity.

round to the nearest dollar