On December 31, 2025, the stockholders' equity section of Monty, Inc., was as follows: Common stock,...

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On December 31, 2025, the stockholders' equity section of Monty, Inc., was as follows: Common stock, par value $10; authorized 40000 shares; issued and outstanding 12000 shares Additional paid-in capital Retained earnings Total stockholders' equity $120000 120000 182000 $422000 On March 31, 2026, Monty declared a 10% stock dividend, and accordingly 1200 additional shares were issued, when the fair value of the stock was $17 per share. For the three months ended March 31, 2026, Monty sustained a net loss of $40200. The balance of Monty's retained earnings as of March 31, 2026 is O $129800. O $121400. O $141800. O $133400. On December 31, 2025, the stockholders' equity section of Monty, Inc., was as follows: Common stock, par value $10; authorized 40000 shares; issued and outstanding 12000 shares Additional paid-in capital Retained earnings Total stockholders' equity $120000 120000 182000 $422000 On March 31, 2026, Monty declared a 10% stock dividend, and accordingly 1200 additional shares were issued, when the fair value of the stock was $17 per share. For the three months ended March 31, 2026, Monty sustained a net loss of $40200. The balance of Monty's retained earnings as of March 31, 2026 is O $129800. O $121400. O $141800. O $133400.

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Okay lets solve this stepbystep As of Dec 31 2025 Common stock 10 par 12000 shares issued 120000 ... View the full answer