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Presented below is information related to Hale Corpora Common Stock, $1 par $3,500,000 Paid-in Capital in Excess of Par-Commo
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Answer #1
STATEMENT OF STOCKHOLDERS' EQUITY
for the year ended december,31,2018
Begning common stock 3500000
add: common stock issued 550000
LESS:purchase of treasury common stock -150000
ending common stock 3900000
Preferred 8 1/2% stock 2000000
preffered stock issue 400000
closing preferred stock 2400000
Begning retained earnings 1500000
add: accumulated other comprehensive 100000
less: dividends
ending retained earnings 1600000
total stockholders equity 7900000
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