Question: CALCULATOR PRINTER VERSION BACK Problem 15-03 Prorghom Company has two dasses of capital stock outstanding: 9%, $20 par preferred and $5 par common. At December

CALCULATOR PRINTER VERSION BACK Problem 15-03 Prorghom Company has two dasses of capital stock outstanding: 9%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders' equilty Preferred Stock, 141,100 shares $2,822,000 Common Stock, 1,979,000 shares 9,895,000 Pald-in Capital in Excels of Par-Preferred Stock 194,000 Pald-in Capital in Excess of Par-Common Stock 26,547,000 Retained Earnings 4,497,000 The following transactions affected stockholders' equity during 2021. Jan. 1 27,400 shares of preferred stock issued at $22 per share. Feb. 1 50,700 shares of common stock issued at $22 per share. June 1 2-for-1 stock split (par value reduced to $2.50). July 1 27,600 shares of common treasury stock purchased at $10 per share. Pronghorn uses the cost method. Sept. 159.500 shares of treasury stock reissued at $12 per share. Dec. 31 The preferred dividend is declared, and a common dividend of 48 per share is declared Dec. 31 Net Income is $2,134,000. Prepare the stockholders' equity section for Pronghorn Company at December 31, 2021. (Enter account name only and do not provide descriptive Information.) PRONGHORN COMPANY Stockholders' Equity CUIUS EyUity ay SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT Question Attempts: 0 of 5 used
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