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Use the following to answer questions 612 JR, Inc., has two classes of stock authorized: $100.00 par preferred and $0.01 par value common. As of

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Use the following to answer questions 612 JR, Inc., has two classes of stock authorized: $100.00 par preferred and $0.01 par value common. As of the beginning of 20XC,1,000 shares of preferred stock and 700,000 shares of common stock have been issued. Rocord the followink transactions to complete the Statement of Stockholders' Equity: 6. $ When the shares were issued on March 1 , how much did additional paid in capital increase? 7. $ On June 1st when the dividend was declared, how much did retained earning decrease? 8. $ On August 1tt when the shares were repurchased, how much did stockholders' equity decrease? 9. $ On August 1" when the shares were repurchased, how much did net income decrease? 10. $ On October 1x when the shares were reissued, how much did additional paid in capital change (if decrease put " " in front of the number)? 11. $ Compute ending retained earnings on December 31tt. 12. $ Compute ending stockholders equity on December 31tr

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