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Traws Goodal mcorporated Siake Techtology Inc on Mach 1 , 2 0 2 3 . They are auhonzed to issue an untited number of common

Traws Goodal mcorporated Siake Techtology Inc on Mach 1,2023. They are auhonzed to issue an untited number of common shares and 50,000,55.00 non-cumulative preferred shares. During March, the flowing equily transactions occurred& Issued 18,000 common shares at $320 per share for cash.D. Issued 12,000 preferred shares at $1160 per share for cash:C. Stake Technology Inc reported net income for the moith of $140,000, and declared total cash dwidends of $88,000 to shareholders of March 31,2023 payable April 15,2023.a) Using the intomation provited alove and the following Maich 31,2029 selected adjusted account balances prepare the statement of changes in equity for the month ended March 31,2023 along with the March 31,2023 classified balance sheelThe ist of accounts is incompiete, you wil have io add several accounts based on the information provided aboveStatonent of Changes In EquiyAccumualed Depredation, Equipment.Accusated Depreciation, Machinery.Advertising PayableBoots Payable (due May, 20:30)CasitMachineryMortgage Payabi (due May, 2030)Notes Receivable (due August, 2023)Property Taxes PayableSatakes PayabieSupples1,0001,000)29,0007.00094.00036,00088,00070,00020,00057.00016.00017,00068,000Comnon Preferred Retained TotalShares Shares Eamings EquityBalance Sheetb) Use your above answer to answer each of the following questions:What peroentage of the total assets are equity financed?What percentage of Stake Technology Inc. is financed by debt?The common sharehoiders oun whal percentage of the fotal assets?Search

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