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The stockholders' equity accounts of Oriole Company on January 1, 2022, were as follows. During 2022, the corporation had the following transactions and events pertaining

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The stockholders' equity accounts of Oriole Company 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 25,500 shares of common stock for $120,000. Apr. 14 Sold 5,700 shares of treasury stock-common for $33,200. Sept. 3 Issued 4,900 shares of common stock for a patent valued at $34,300. Nov. 10 Purchased 1,100 shares of common stock for the treasury at a cost of $5,800. Dec: 31 Determined that net income for the year was $490,000. No dividends were declared during the year. Common Stock Paid-in Capital in Excess of 5 tated Value. Common Stock Treasury Stock Paich in Capital from Treasury Stock Patents Common Stock Paid-in Capital in Excess of Stated Value-Common Stock Treacury 5tock Cish income sumituary Retained Earnirva ounts. (Post entrie Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Paid-in Capital from Treasury Stock Treasury Stock Nov. 10 5800 Treasury Stock

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