XC The Stockholders Equity Ac C Music 101 1n page Enter text to search No resuitsOptions Options v The stockholders' equity accounts of Gonzalez, Inc., at January 1, 2017, are as follows. Preferred Stock, no par, 5,800 shares issued $580,000 Common Stock, no par, 114,000 shares issued 570,000 Retained Earnings 560,000 During 2017, the company had the following transactions and events. July 1 Declared a $0.50 cash dividend per share on common stock. Aug. 1 Discovered a $61,000 overstatement of 2016 depreciation expense. (Ignore income taxes.) Sept. 1 Paid the cash dividend declared on July 1. Dec. 1 share. Declared a 10% stock dividend on common stock when the market price of the stock was $15 pe Declared a $5 per share cash dividend on preferred stock, payable January 31, 2018. Determined that net income for the year was $370,000. 15 31 O Type here to search