Crocker Corporation began calendar-year 2019 with stockholders' equity of $390,000, consisting of contributed capital of $312,000...

 

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Crocker Corporation began calendar-year 2019 with stockholders' equity of $390,000, consisting of contributed capital of $312,000 and retained earnings of $78,000. During 2019, it issued additional stock for total cash proceeds of $78,000. It also reported $130,000 net income and paid $65,000 as a cash dividend to stockholders. Required Prepare the 2019 statement of stockholders' equity for Crocker Corporation. Use a negative sign with your answer to show a reduction/decrease in a balance. Crocker Corporation Statement of Stockholders' Equity For Year Ended December 31, 2019 Contributed Retained Stockholders' Capital Earnings Equity December 31, 2018 $ 0 $ 0 $ 0 Issuance of common ock 0 0 0 Net income 0 0 0 Cash dividends 0 0 0 December 31, 2019 $ 0 $ 0 $ 0 Crocker Corporation began calendar-year 2019 with stockholders' equity of $390,000, consisting of contributed capital of $312,000 and retained earnings of $78,000. During 2019, it issued additional stock for total cash proceeds of $78,000. It also reported $130,000 net income and paid $65,000 as a cash dividend to stockholders. Required Prepare the 2019 statement of stockholders' equity for Crocker Corporation. Use a negative sign with your answer to show a reduction/decrease in a balance. Crocker Corporation Statement of Stockholders' Equity For Year Ended December 31, 2019 Contributed Retained Stockholders' Capital Earnings Equity December 31, 2018 $ 0 $ 0 $ 0 Issuance of common ock 0 0 0 Net income 0 0 0 Cash dividends 0 0 0 December 31, 2019 $ 0 $ 0 $ 0