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Tony and Suzie have purchased land for a new camp. Now they need money to build the cabins, dining facility, a ropes course, and an

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Tony and Suzie have purchased land for a new camp. Now they need money to build the cabins, dining facility, a ropes course, and an outdoor swimming pool. Tony and Suzie first checked with Summit Bank to see if they could borrow an additional $1 million, but unfortunately the bank turned them down as too risky. Undeterred, they promoted their idea to close friends they had made through the outdoor clinics and TEAM events. They decided to go ahead and sell shares of stock in the company to raise the additional funds for the camp Great Adventures has authorized $1 par value common stock. When the company began on July 1, 2024, Tony and Suzie each purchased 10,000 shares (20,000 shares total) of $1 par value common stock at $1 per share. The following transactions affect stockholders' equity during the remainder of 2025 : Noverber 5 Ianse an additional 100,000 thares of common stoek for $10 per share. Novebber i6 Purehase 10,400 thares of its own conmon atoek (1.e., treasury wtock) for $17 per ahare. liovesber 26 hesell 4,400 sbares of treasury stock at $18 per share. Decenber 1 Declare cash dividend on iti coemon atook of $11,800 ( $0.10 per whare) to all stookholders of record on Pecenber 15, Tony and Suzie have purchased land for a new camp. Now they need money to build the cabins, dining facility, a ropes course, and an outdoor swimming pool. Tony and Suzie first checked with Summit Bank to see if they could borrow an additional $1 million, but unfortunately the bank turned them down as too risky. Undeterred, they promoted their idea to close friends they had made through the outdoor clinics and TEAM events. They decided to go ahead and sell shares of stock in the company to raise the additional funds for the camp Great Adventures has authorized $1 par value common stock. When the company began on July 1, 2024, Tony and Suzie each purchased 10,000 shares (20,000 shares total) of $1 par value common stock at $1 per share. The following transactions affect stockholders' equity during the remainder of 2025 : Noverber 5 Ianse an additional 100,000 thares of common stoek for $10 per share. Novebber i6 Purehase 10,400 thares of its own conmon atoek (1.e., treasury wtock) for $17 per ahare. liovesber 26 hesell 4,400 sbares of treasury stock at $18 per share. Decenber 1 Declare cash dividend on iti coemon atook of $11,800 ( $0.10 per whare) to all stookholders of record on Pecenber 15

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