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The stockholders' equity accounts of Riverbed Corp on January 1, 2017, were as follows. Preferred Stock (7%, $100 par noncumulative, 5,000 shares authorized) $300,000 Common

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The stockholders' equity accounts of Riverbed Corp on January 1, 2017, were as follows. Preferred Stock (7%, $100 par noncumulative, 5,000 shares authorized) $300,000 Common Stock ($4 stated value, 300,000 shares authorized) 1,000,000 Pald-In Capital in Excess of Par Value-Preferred Stock 15,000 Pald-in Capital in Excess of Stated Value-Common Stock 480,000 Retained Earnings 710,000 Treasury Stock (5,000 common shares) 40,000 During 2017, the corporation had the following transactions and events pertaining to its stockholders' equity. 1 Feb. 1 Mar. 20 Oct. Nov. 1 Dec. 1 Dec 31 Issued 5,000 shares of common stock for $30,000. Purchased 1,000 additional shares of common treasury stock at $8 per share, Declared a 7% cash dividend on preferred stock, payable November 1 Paid the dividend declared on October 1. Declared a $0.70 per share cash dividend to common stockholders of record on December 15, payable December 31, 2017 Paid the dividend declared on December 1. CALCULATOR PRINTER VERSION BACK Prepare the stockholders' equity section of the balance sheet at December 31, 2017. Include 2017 net income of $280,400 as an increase to the January 1, 2017, Retained Earnings. RIVERBED CORP Partial Balance Sheet December 31, 2017 Stockholders' Equity $ Total Stockholders' Equity CALCULATOR PRINTER VERSION Partial Balance Sheet December 31, 2017 BAC Stockholders' Equity Total Stockholders' Equity >

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