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Use the following to answer questions 23 - 26 BRT Corporation was organized on January 3, 20XE. The firm was authorized to issue 100,000,000 shares

Use the following to answer questions 23 - 26

BRT Corporation was organized on January 3, 20XE. The firm was authorized to issue 100,000,000 shares of $0.10 par common stock. During 20XE, BRT had the following transactions relating to shareholders' equity:

Per share Shares Total

Issued common stock (January) $10.00 300,000

Issued common stock (July) $14.00 200,000

Outstanding shares 484,300

Dividends declared $0.30

Treasury stock $13.50

Net income for the year $753,200

23. $__________________What is the additional paid-in capital at the end of 20XE?

24. $__________________What is total Paid-in capital at the end of 20XE?

25. $__________________What is total retained earnings at the end of 20XE?

26. $__________________What is total stockholders equity at the end of 20XE?

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