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The stockholders' equity accounts of Bramble Corp. on January 1, 2022, were as follows. During 2022, the corporation had the following transactions and events pertaining
The stockholders' equity accounts of Bramble Corp. on January 1, 2022, were as follows. During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 4,500 shares of common stock for $27,000. Mar. 20 Purchased 900 additional shares of common treasury stock at $7 per share. Oct. 1 Declared a 7\% cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1. Dec. 1 Declared a $0.50 per share cash dividend to common stockholders of record on December 15, payable December 31,21 Dec. 31 Determined that net income for the year was $254,000. Paid the dividend declared on December 1. Prenare the storkholders' eauitv section of the halance sheet at Decemher 31.2017. Click if you would like to Show Work for this
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