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Use appropriate information from the data below to prepare a statement of stockholders- equity for The Hayashi Corporation at December SI. 2012. Stock subscriptions receivable,
Use appropriate information from the data below to prepare a statement of stockholders- equity for The Hayashi Corporation at December SI. 2012. Stock subscriptions receivable, preferred stock.............................................. $ 8,000 Retained earnings appropriated for bond sinking fund......................................... 40,000 Preferred stock. 6 percent, $100 par, cumulative, 2 shares issued and outstanding................................................... 90,000 Treasury stock (400 shares of common stock, at cost).............................. 16,000 Donated capital (for contribution of land by shareholder)................................. 6,000 Bonds payable, 7 percent, maturing in 2018......................................................200,000 Common stock ? par, 5,000 shares issued and 2 shares outstanding.................... 250,000 Additional contributed capital (received at stock issuance date)....................... 15,000 Valuation of stock options......................................................................................... 140,000 Discount on bonds payable........................................................................................ 1, .000 Retained earnings, unappropriated............................................................................ 250,000 Notes receivable, due in 2015.................................................................................... 62,000 Preferred stock subscribed......................................................................................... 10,000 Unrealized gain on investments classified as "held available for sale".................... 5,000 Sinking fund.............................................................................................................. 40,000
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