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The balance sheet of Sanchettino, at December 31, 2017, reported 650,000 shares of $t par common stock authored with 95,000 shares uod and outstanding Pad

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The balance sheet of Sanchettino, at December 31, 2017, reported 650,000 shares of $t par common stock authored with 95,000 shares uod and outstanding Pad captain excess of commerd balance of $220.000. Retained earnings had a balance of $109.000. During 2018, the company completed the following selected transactions Click the con to view the transactions) Read the requirement Requirement 2. Prepare the stockholdene equity section of the balance shoot at December 31, 2018, auming the company hned 500,000 of net incomo during the your (Enter the accountant that proper under for the stockholders'uty section of the balance shot) Blockholders' Equity X Requirements More info 1. Record the transactions in the journal Explanations are not required 2. Prepare the stockholde equity section of the balance sheet at December 31. 2018, assuming the company oned $80,000 of not income during the yar Feb 15 Purchased 5.000 shares of treasuy look at 58 per share Mar 8 Sold 4000 shares of truy cock for 511 pors Sep 28 Declared and distributed a 10% stock dividend on the 4000 shares of outstanding common stock. The market value of Sanchez's common cock was per share Print Done Print Done

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