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Time Lella 16:22 Chisom Anichebe Attempt 1 Question 23 (4 points) On January 1, 2018, Bethany Corporation reported $3,000,000 in its Common Shares account (200.000
Time Lella 16:22 Chisom Anichebe Attempt 1 Question 23 (4 points) On January 1, 2018, Bethany Corporation reported $3,000,000 in its Common Shares account (200.000 issued) and retained earnings of $1,000,000. During 2018, the following events occurred: 1. On July 1, the company issued 100.000 common shares at $17 per share. 2. December 15, the board of directors declared a 15% stock dividend to common shareholders of record on December 31. payable on January 15, 2019. 3. The market value Blue com shares was 516 per share on December 15 and $14 per share on December 31 4. Net Income for 2018 was $625.000 The total shareholders' equity at Dec 31, 2018 is: 1) $6,325,000 21 $6,420,000 3) $5.420.000 4) $5,605,000
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