Question: answer question (a) Additional information: 1. Common stock outstanding January 1,2022, was 20,700 shares, and 39,800 shares were outstanding at December 31,2022 , 2. The

answer question (a)

Additional information: 1. Common stock outstanding January 1,2022, was 20,700 shares, and 39,800 shares were outstanding at December 31,2022 , 2. The market price of Larkspur stock was $12 in 2022. 3. Cash dividends of $19,400 were paid, $4,800 of which were to preferred stockholders

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