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uL, 3125,000. Issued additional shares of stock for cash, $600,000. Paid cash for prepaid expenses, $10,000. . J. PR 14-4A Measures of liquidity, solvency, and

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uL, 3125,000. Issued additional shares of stock for cash, $600,000. Paid cash for prepaid expenses, $10,000. . J. PR 14-4A Measures of liquidity, solvency, and profitability Obj. 3, 4, 5 The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.60 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 550,000 $4,304,000 $3,814,000 600,000 Dividends: On preferred stock 100,000 110,000 110,000 $4,194,000 $3,704,00 100,000

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