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Help please A corporation had the following balances in its stockholders' equity accounts at the end of the prior year: The following occurred during the
Help please
A corporation had the following balances in its stockholders' equity accounts at the end of the prior year: The following occurred during the current year: 1) February 3 - Sold and issued 3,000 shares of common stock for a sell price of $72 per share. 2) May 10 - Declared a $0.50 per share cash dividend on common stock. 3) October 12 - Sold 500 shares of treasury stock for $20 per share. 4) December 31 - Net income for the year is $75,000. Required: For EACH stockholders' equity account listed, determine the account balance at the end of the current year. Use the matrix format listed below. Be sure to show your supporting calculations and label them to indicate which numbers in the matrix they are supporting
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