Question: Instructions for Project 1: Answer the following, based on the information given on the preceding page: Capital stock, as of December 31, 2024: #

Instructions for Project 1: Answer the following, based on the information given

Instructions for Project 1: Answer the following, based on the information given on the preceding page: Capital stock, as of December 31, 2024: # of common shares authorized 33,000 2 # of common shares issued and outstanding 163,000 3 # of preferred shares issued and outstanding 19,000 4 Amount of cash dividend to common stockholders Amount of cash dividend to preferred stockholders $ $209,000 > Total debit to Stock Dividends account $ 7 Additional paid-in capital, at December 31, 2024 $ Retained earnings, at January 1, 2024 Retained earnings, at December 31, 2024 10 Total Stockholders' Equity, at December 31, 2024 A $ $

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