Statement of Shareholders Equity On January 1, 2013, Osgood Film Studios reported the following alphabetical list of
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Statement of Shareholders’ Equity On January 1, 2013, Osgood Film Studios reported the following alphabetical list of shareholders’ equity items:
During 2013, the company sold 4,000 shares of common stock for $13 per share and 490 shares of preferred stock for $126 per share. It also earned an income of $81,000 and paid dividends of $9 per share on the preferred stock and $2.8 per share on the common stock outstanding at the end of 2013.
Required:
Prepare Osgood’s statement of shareholders’ equity (include retained earnings) for 2013.
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