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Use the following to answer questions 6-12 JR, Inc., has two classes of stock authorized: $50.00 par preferred and $0.10 par value common. As of

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Use the following to answer questions 6-12 JR, Inc., has two classes of stock authorized: $50.00 par preferred and $0.10 par value common. As of the beginning of 20XC, 5,000 shares of preferred stock and 250,000 shares of common stock have been issued. Record the following transactions to complete the Statement of Stockholders' Equity: Effect on Stockholders' Equity 1-Mar Issue 1,000 additional shares of preferred stock for 552.00 per share Issue 100.000 additional shares of common 1-Apr stock for S12 per share Declare a cash dividend on both con and 1-Jun preferred stock of 1.25 per share to all stockholders of record on June 15. 30-Jun Pay the cash dividend declared on June 1. 1-Aug Repurchase 20,000 shares of common treasury stock for $15.00 per share Reissue 5.000 shares of treasury stock purchased on August 1 for $17.00 per share 31-Dec Net income for the year was 5625.000 The beginning balances are shown below. Complete the Statement of Stockholders' Equity using the above information: Preferred Stock Common Stock Additional Paid-in Capital Retained Earings Treasury Stock Total Stockholders' Equity $250.000 S25,000 53.475.000 5685.200 SO 54.435.200 Beginning balance 20XC Issuance of stock Net income for the year Less: Dividends Purchase of Treasury Sale of Treasury Ending balance 20XC Then answer the following questions: 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? 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 1st when the shares were repurchased, how much did stockholders' equity decrease? 9. $ repurchased, decrease? On August 15 when the shares were how much did income net 10. $ On October 1st when the shares were reissued, how much did additional paid in capital change (if decrease put "-" in front of the number)? 11. $ on December 31st. Compute ending retained earnings ending stockholders 12. $ Compute equity on December 31st

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