Question: On January 1 , ABC issues 1 0 , 0 0 0 shares of common stock for $ 2 0 per share. On April 1

On January 1, ABC issues 10,000 shares of common stock for $20 per share. On April 1, ABC declares a dividend of $2 per share. On May 1, the dividend is paid. On September 1, ABC repurchases 1,000 shares of its common stock for $15 per share. On October 1, ABC declares another $2 per share dividend. On November 1, the dividend is paid. ABC had $50,000 in net income for the year.
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Question 12 pts
As of December 31,2022, what are the total number of shares issued by ABC?
Enter your numbers with no dollar signs and no commas. Please enter as a positive number with no negatives. For example, if the answer is $21,000, enter 21000.
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Question 22 pts
As of December 31,2022, what are the total number of shares outstanding for ABC?
Enter your numbers with no dollar signs and no commas. Please enter as a positive number with no negatives. For example, if the answer is $21,000, enter 21000.
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Question 32 pts
What is the balance of Dividends Payable as of December 31,2022?
Enter your numbers with no dollar signs and no commas. Please enter as a positive number with no negatives. For example, if the answer is $21,000, enter 21000.
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Question 42 pts
As of December 31,2022, what is the balance of Retained Earnings?
Enter your numbers with no dollar signs and no commas. Please enter as a positive number with no negatives. For example, if the answer is $21,000, enter 21000.
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Question 52 pts
What is the total balance in Equity as of December 31,2022?
Enter your numbers with no dollar signs and no commas. Please enter as a positive number with no negatives. For example, if the answer is $21,000, enter 21000.
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Question 62 pts
What is the balance in Treasury Stock as of December 31,2022?
If the amount increases equity, enter it as a positive number. If the amount decreases equity, enter it as a negative number. Enter your numbers with no dollar signs and no commas. For example, if the answer is $21,000, enter 21000.
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Question 72 pts
What is the balance in Common Stock, Par Value as of December 31,2022?
If the amount increases equity, enter it as a positive number. If the amount decreases equity, enter it as a negative number. Enter your numbers with no dollar signs and no commas. For example, if the answer is $21,000, enter 21000.
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Question 82 pts
What is the balance in Additional Paid in Capital (i.e. Capital in Excess of Par) as of December 31,2022?
If the amount increases equity, enter it as a positive number. If the amount decreases equity, enter it as a negative number. Enter your numbers with no dollar signs and no commas. For example, if the answer is $21,000, enter 21000.
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Question 92 pts
By how much does the declaration and payment of dividends during 2022 decrease net income for ABC?
If the amount increases income, enter it as a positive number. If the amount decreases income, enter it as a negative number. Enter your numbers with no dollar signs and no commas. For example, if the answer is $21,000, enter 21000.
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Question 102 pts
As a result of these events only, what is the balance in cash as of December 31,2022?
Enter your numbers with no dollar signs and no commas. Please enter as a positive number with no negatives. For example, if the answer is $21,000, enter 21000.

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