Examine Table 2-2. Suppose Sydex sold 2 million shares of common stock, with the company netting $25 per share. Construct a statement of the equity accounts to reflect this sale.

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TABLE Sydex Corporation Balance Sheet. December 31 $ millions) 2014 2013 $290 $440 680 Cash and receivables Inventory S280 Current assets S460 Net plant and equipment Total assets Liabilities and Equity Short term debt (current liabilities) Long-term debt (bonds) $220 Total liailities Common stock (75 illion shares authorized, S410 $370 40 million shares outstanding, $1 par) Additional paid-in capital Retained earnings Total common stockholders' equity Total liabilities and equity 310