Question: On January 5 , 2 0 2 5 , Bramble Corporation received a charter granting the right to issue 5 , 4 0 0 shares
On January Bramble Corporation received a charter granting the right to issue shares of $ par value, cumulative and nonparticipating preferred stock, and shares of $ par value common stock. It then completed these transactions. Jan. Issued shares of common stock at $ per share. Feb. Issued to Sanchez Corp. shares of preferred stock for the following assets: equipment with a fair value of $ ; a factory building with a fair value of $ ; and land with an appraised value of $ July Purchased shares of common stock at $ per share. Use cost method. Aug. Sold the treasury shares at $ per share. Dec. Declared a $ per share cash dividend on the common stock and declared the preferred dividend. Dec. Closed the Income Summary account. There was a $ net income. b
Prepare the stockholders' equity section of Bramble Corporation's balance sheet as of December Enter account name only and do not provide descriptive information.
BRAMBLE CORPORATION Stockholders' Equity $
$
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