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It is the same question just multiple parts. please use photo 1 to refer back to. thanks in advance for helping me!
Saved Help Required information Problem 11-4A Analyzing changes in stockholders equity accounts LO C3, P2, P3 The following
Stockholders Equity (December 31) Common stock-$4 par value, 100,000 shares authorized, 47,400 shares issued, 3,000 shares i
Stockholders Equity (January 1) Common stock-$4 par value, 100,000 shares authorized, 40,000 shares issued and outstanding P
Saved Paid-in capital in excess of par value, common stock Retained earnings Total stockholde rs equity 120,000 320,000 $600
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Answer #1

2) cash dividend amount

Jan 5 Apr 5 July 5 Oct 5
Cash dividend 40000*.50 = 20000 37000*.50 = 18500 18500 37000*1.2*.50 = 22200

3) Capitalization amount = 37000*20%*12 = 88800

5) Net income = 320000-88800-79200 = 248000

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