The following selected account balances relate to the shareholders' equity accounts of Pharoah Corp. at year end:

2021 2020

Preferred shares, 3,450 shares in 2021; 2,660 in 2020 $345,000 $266,000

Common shares, 52,200 shares in 2021; 42,500 in 2020 522,000 425,000

Retained earnings 540,000 385,000

Cash dividends declared (preferred shares) 16,000 13,300

Dividends payable 4,088 3,447

Additional information regarding 2021:

1.During the year, 790 preferred shares were issued. No preferred shares were repurchased.2.During the year, 20,000 common shares were issued after 10,300 common shares were repurchased at $10 per share.

(A)Determine the amounts of any cash receipts or payments related to the shareholders' equity accounts in 2021.

Issue of common shares$ ---------------

Issuance of preferred shares$ ----------------

Repurchase of common shares$ -----------------

Payment of dividends$ ----------------

View Policies Current Attempt in Progress The following selected account balances relate to the shareholders' equity accounts of Pharoah Corp. at year end: 2021 2020 Preferred shares, 3,450 shares in 2021; 2,660 in 2020 $345,000 $266,000 Common shares, 52,200 shares in 2021; 42,500 in 2020 522,000 425,000 Retained earnings 540,000 385,000 Cash dividends declared (preferred shares) 16,000 13,300 Dividends payable 4,088 3,447 Additional information regarding 2021: 1. During the year, 790 preferred shares were issued. No preferred shares were repurchased. 2. During the year, 20,000 common shares were issued after 10,300 common shares were repurchased at $10 per share.(a) Determine the amounts of any cash receipts or payments related to the shareholders' equity accounts in 2021. Issue of common shares Issuance of preferred shares Repurchase of common shares 55 Payment of dividends eTextbook and Media Save for Later Attempts: 0 of 3 used n\\