View the Statement of Changes in Shareholders' Equity,

Read the requirements.

Requirement $1.$ If the company's income tax rate is $36$ percent, how much income before income tax did Adelphi Food Specialties report on the income statement?

Requirement $2.$ What is the stated value of a common share as of June $30,203?$

Common shares balance,

June $30,20X3$

June $30,20X3\{\begin{array}{ccc}\text{:}[& outstanding.\text{J}\text{u}\text{n}\text{e}30.20X3=\text{c}\text{o}\text{m}\text{m}\text{o}\text{n}\text{s}\text{h}\text{a}\text{r}\text{e}& ]\\ [,& ]\end{array}$

Requirement $3.$ At what price per share did Adelphi Food Specialties issue its common shares during the year?

Total proceeds from

common shares

Required

Answer these questions about Adelphi Food Specialties' shareholders'

equity transactions:

If the company's income tax rate is $36$ percent, how much income before

income tax did Adelphi Food Specialties report on the income statement?

What is the stated value of a common share at June $30,203?$

At what price per share did Adelphi Food Specialties issue its common

shares during the year?

Adelphi Food Specialties's statement of changes in shareholders' equity lists

the share transactions in the order in which they occurred. What was the

percentage of the stock dividend?

Statement of changes in shareholders' equity