what is my retained earnings

During 2017, the company had the following: (a) Purchased 75,000 shares of its common stock for $1,050,000. (6) Sold 18,000 shares of the treasury stock for $50 per share. c) Sold 43,000 shares of the treasury stock for $23 per share. Requirement Prepare the stockholders' equity section of the company's balance sheet on December 31, 2017, assuming that the company had net income of $28,000,000 and paid a dividend of $170 per share at year end. Balance 0 Data Table 4,000,000 shares authorized Stockholders' Equity Common Stock. 56 par value 2,000,000 shares issued. Additional Paid in Capital in Excess of Par-Common Additional Paid-in Capital from Treasury Stock Transactions Total Contributed Capital Retained Earnings S 12,000,000 8,200,000 1.035,000 $ 21,235,000 Common Stock - $6 par (4,000,000 shares authorized 2,000,000 shares issued and outstanding) $ 12,000,000 Additional paid-in capital in excess of par-common 8,200,000 26.100.000 Retained earnings $ 46,300,000 Total Slockholders' Equity Total shares at cost $ (196,000) Less: Cost of Treasury Stock Total Stockholders' Equity Print Done