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Tri-Star Industries reports the following statement of stockholders' equity. Required: Solve for the missing amounts. Beginning balance Net income Dividends Stock repurchase Ending balance Common
Tri-Star Industries reports the following statement of stockholders' equity. Required: Solve for the missing amounts. Beginning balance Net income Dividends Stock repurchase Ending balance Common Stock 10,000 $ $ Additional Paid-in Capital 10,000 $ (115,000) 445,000 $ Retained Earnings 340,000 (50,000) Total Stockholders' Equity (50,000) (115,000) 820,000
Tri-Star Industries reports the following statement of stockholders' equity. Required: Solve for the missing amounts. Common Stock Additional Paid-in Capital Retained Earnings Total Stockholders' Equity Beginning balance 10,000 $ 340,000 Net income Dividends $ (50,000) (50,000) Stock repurchase (115,000) (115,000) Ending balance $ 10,000 $ 445,000 820,000
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