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Problem 14-03A a-d On January 1, 2020, Crane Corporation had the following stockholders equity accounts. Common Stock (no paYour answer is correct. Prepare the stockholders equity section of the balance sheet at March 31. (Enter a CRANE CORPORATION

Prepare the stockholders equity section of the balance sheet at June 30. (Enter acco CRANE CORPORATION Partial Balance Sheet

Prepare the stockholders equity section of the balance sheet at September 30. (E CRANE CORPORATION Partial Balance Sheet Sep

Prepare the stockholders equity section of the balance sheet at December 31, 2020. (En 5,250.) CRANE CORPORATION Partial Bal

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Answer #1
September 30, 2020
Stockholders Equity
Paid in Capital
Capital Stock
Common Stock $        1,515,500 =1385000+(87000*3)*5%*10
Retained Earnings $            326,500 =457000-(87000*3)*5%*10
Total Stockholders Equity $        1,842,000
December 31, 2020
Stockholders Equity
Paid in Capital
Capital Stock
Common Stock $        1,515,500
Retained Earnings $            472,855 =326500-87000*3*1.05*0.9+393000
Total Stockholders Equity $        1,988,355
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