E. Declared a cash dividend, 5325,000. F. Declared a common stock dividend on common stock, $150,000. G. Borrowed cash from bank on a long-term note, $1,000,000. H. Received cash on account, $75,000. 1. Issued additional shares of stock for cash, $2,000,000. J. Paid cash for prepaid expenses, $200,000. PR 14-4B Measures of liquidity, solvency and profitability 9. Ratio of liabilities The comparative financial statements of Stargel Inc. are as foll Obj. 3, 4, 5 price of Stargel to stockholders' common stock was $119.70 on December 31, 20Y2. equity, 0.4 Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 . $5,375,000 $4,545,000 925,000 $5,470,000 EXCEL TEMPLATE Net income. Total Dividends: 900,000 $6,275,000 On preferred stock On common stock... Total dividends 45,000 50,000 45,000 50,000 . . 95,000 95,000 Retained earnings, December 31 56.180,000 $5375000