Question: Current Attempt in Progress Bramble Company has two classes of capital stock outstanding: 7%, $20 par preferred and $5 par common. At December 31, 2020,

 Current Attempt in Progress Bramble Company has two classes of capital

Current Attempt in Progress Bramble Company has two classes of capital stock outstanding: 7%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders' equity. Preferred Stock, 146,100 shares Common Stock, 1,982,000 shares Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Retained Earnings $2,922,000 9.910.000 199,000 26,630,000 4,454,000 The following transactions affected stockholders' equity during 2021. Jan. 1 Feb. 1 June 1 July 1 Sept. 15 Dec. 31 Dec. 31 30,100 shares of preferred stock issued at $23 per share. 48,800 shares of common stock issued at $21 per share. 2-for-1 stock split (par value reduced to $2.50). 28,700 shares of common treasury stock purchased at $10 per share. Bramble uses the cost method. 9,400 shares of treasury stock reissued at $11 per share. The preferred dividend is declared, and a common dividend of 514 per share is declared. Net income is $2,093,000. Prepare the stockholders' equity section for Bramble Company at December 31, 2021. (Enter account name only and do not provide descriptive information.) BRAMBLE COMPANY Stockholders' Equity December 31, 2021 apital Stock V e Textbook and Media

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