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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: $500,000 480,000 360,000 48,000 (55,000) $1,333,000 5,000 $1,338,000 . On January 15, 2020, issued 5,000 shares of $1 par value common stock for $20 per share. . On June 30, 2020, purchased 4,000 common shares for the treasury at $18 per share. 30-3030 declared and issued a 2-for-1. stock split effected in form of a 100% large stock dividend.
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