Question
TThe following table presents the,long-term liabilities and stockholders' equity of Information Control Corp. from one year ago. Long-term debt. 65,300,000 Preferred stock. 4,030,000 Common stock
TThe following table presents the,long-term liabilities and stockholders' equity of Information Control Corp. from one year ago.
Long-term debt. 65,300,000
Preferred stock. 4,030,000
Common stock ($1 par value) 15,300,000
Accumulated retained earning. 135,300,000
Capital surplus. 43,300,000
During the past year, the company issued 10.3 million shares of new stock at a total price of $58.6 million, and issued $35.3 million in New long-term debt. The company generated $9.6 million in net income and paid $2.3 million in dividends.
CConstruct the current balance sheet reflecting the changes that ocxuees at the xompany during the year.
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