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The shareholders' equity section of Nakoma Inc. provides information as follows: Stockholders' equity Common stock, $1 par, 1,750,000 shares authorized, 500,000 shares issued, 490,000
The shareholders' equity section of Nakoma Inc. provides information as follows: Stockholders' equity Common stock, $1 par, 1,750,000 shares authorized, 500,000 shares issued, 490,000 shares outstanding Paid-in capital in excess of par-Common stock Retained earnings Accumulated other comprehensive income Less: Treasury stock, 10,000 shares at cost Total equity attributable to Nakoma Inc. stockholders Equity attributable to noncontrolling interests Total stockholders' equity During 2020, Nakoma Inc. has the following transactions: On March 30, 2020, reacquired and retired 1,000 shares of common stock at $13.50 per share. On September 20, 2020, sold 2,800 treasury shares at $21 per share. On November 25, 2020, declared and issued a 10% stock dividend. On December 15, 2020, retired 4,000 treasury shares. $500,000 480,000 360,000 48,000 (55,000) $1,333,000 5,000 $1,338,000
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