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On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items: Additional paid-in capital on common stock $118,575 Additional paid-in

On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items:

Additional paid-in capital on common stock$118,575
Additional paid-in capital on preferred stock17,600
Common stock, $2 par55,800
Preferred stock, $100 par88,000
Retained earnings193,000

In 2019, the company sold 4,900 shares of common stock for $9 per share and 310 shares of preferred stock for $137 per share. It also earned an income of $82,000 and paid dividends of $10 per share on the preferred stock and $1.30 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 issuedfill in the blank 7fill in the blank 8fill in the blank 9
Preferred stock issuedfill in the blank 10fill in the blank 11fill in the blank 12
Net incomefill in the blank 13fill in the blank 14
Cash dividend paid on preferredfill in the blank 15fill in the blank 16
Cash dividend paid on commonfill in the blank 17fill 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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