The company has two classes of stock authorized: $$100\mathrm{.}00$ par

preferred and $$0\mathrm{.}50$ par value common. As of the beginning of

$20$XC$,1,000$ shares of preferred stock and $200,000$ shares of

common stock have been issued.

Record the following transactions to complete the Statement of

Stockholders' Equity:

The beginning balances are shown below. Complete the Statement of

Stockholders' Equity using the above information:

Then answer the following questions:

$$,$ When the shares were issued on March $1,$

how much did additional paid in capital increase?

$ $)$ June $1^{st}$ when the dividend was

declared, how much did retained earning decrease?

$ On August $1^{st}$ when the shares were

repurchased, how much did stockholders' equity decrease?

$ On August $1^{st}$ when the shares were repurchased, how much did net income

decrease?

$ On October $1^{st}$ when the shares were

reissued, how much did additional paid in capital change $($if

decrease put $"-"$ in front of the number$)?$

$

Compute ending retained earnings on

December ${31}^{st}.$

$9$

$9$

Compute ending stockholders equity on

December ${31}^{st}.$