Zach Whittem Individual Assignment Online Chapter 10 (3)(1) (Protected View)-Word Tell me what you want to da ign Layout References Malings ReviewViw Enable Editing es from Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. accounts on January 1 2 China Coffee Co. has the following beginning balances in its stockholders' equity a 2017: Common stock, $100,000, paid-in capital, $4,100,000, and retained earnings, $3,000,000. the year ended December 31, 2017, is $800,000. China Coffee Co has the following t stockholders' equity in 2017 Net income for transactions affecting Issues 25,000 additional shares of S1 par value common stock for $40 per share May 31 Repurchases 5,000 shares of treasury stock for $45 per share. July 1 Declares a cash dividend of $1 per share to all stockholders of record on July 15 Hint: Dividends are not paid on treasury stock Pays the cash dividend declared on July 1 Reissues 2,500 sharcs of treasury stock purchased on May 31 for $48 per share. July 31 August 10 Taking iaa conidraicn a he enries descenbed above prepure the statement okholdens'equity for the year ended December 31, 2017, using the format provided China Coffee Company Statement of Stockholders Equity For the Year Ended December 31,2017 Additional Total Commoncapital Stock 100,000 4,100,000 Paid-in-Retained Treasury Stockholders Earnings Stock 1,000,000 Equity 5 7,200,000 Balance, January 1 Issued common stock Repurchased treasury stock Cash dividends Sold treasury stock Net income Balance, December 31