Question: please help me. answer part D and make sure the answer is correct . help me please. part D please. and thank you. The stockholders'

please help me. answer part D and make sure the answer is correct . help me please.
part D please. and thank you.
 please help me. answer part D and make sure the answer
is correct . help me please. part D please. and thank you.
The stockholders' equity accounts of Flounder Corp. on January 1, 2022, were
as follows $300,000 1,000,000 Preferred Stock (7%, $100 par noncumulative, 5.000 shares
authorized) Common Stock ($4 stated value, 300,000 shares authorized) Paid-in Capital in
Excess of Par Value--Preferred Stock Paid-in Capital in Excess of Stated Value-Common
Stock Retained Earnings Treasury Stock (5,000 common shares) 15.000 480,000 693,000 40,000
During 2022, the corporation had the following transactions and events pertaining to
its stockholders' equity. Feb. 1 Mar. 20 Oct. 1 Issued 5,000 shares
of common stock for $30,000 Purchased 1,000 additional shares of common treasury

The stockholders' equity accounts of Flounder Corp. on January 1, 2022, were as follows $300,000 1,000,000 Preferred Stock (7%, $100 par noncumulative, 5.000 shares authorized) Common Stock ($4 stated value, 300,000 shares authorized) Paid-in Capital in Excess of Par Value--Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (5,000 common shares) 15.000 480,000 693,000 40,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Mar. 20 Oct. 1 Issued 5,000 shares of common stock for $30,000 Purchased 1,000 additional shares of common treasury stock at $8 per share. Declared a 7% cash dividend on preferred stock payable November 1. Paid the dividend declared on October 1. Declared a $0.70 per share cash dividend to common stockholders of record on December 15, payable December 31, 2022 . 1 Dec. 1 Dec. 31 Paid the dividend declared on December 1 (a) Prepare a tabular summary that includes the January 1, 2022, balances. Do not include the beginning balance in Retaine Record the 2022 transactions in the tabular summary. (b) Include margin explanations for the changes in revenues and expenses. (Round answers to 0 decimal places, e.g. 5,275. If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Cash Div. Pay Common Stock (a) Bal $ S 1000000 (b) Feb. 1 30000 20000 Mar. 20 2009 Oct. 1 21000 Nov. 1 21000 21000 Dec. 1 174000 476 TIT Include margin explanations for the changes in revenues and expenses. (Round answers to O decimal places, e.g. 5,275. If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stoc Paid-in-Capital PIC in Excess of Stated Value Com. Pref. Stock PIC in Excess of Par Value Pref. Treasury 480000 VA 300000 $ 15000 $ 10000 4/6 NUCLI FLUus U ULICUS , LIVUTETES UT VELATUTUCTS Cyre pune TV sur permet front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Retained Earnis e Treasury Stock Revenue Expense 40000 $ i 8000 ATA trunsuction cuuses uuecreuse ASSES, LIUDMEs or teknouers curty, pruce u negative sritur purentheses front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Retained Earnings Expense Dividend $ - 21000 -174300 Prepare the stockholders' equity section of the balance sheet at December 31, 2022. Include 2022 net income of $285,000 as an increase to the January 1, 2022, Retained Earnings. FLOUNDER CORP. Partial Balance Sheet December 31, 2022 Stockholders Equity Paid in Capital Capital Stock Preferred Stock 300000 Common Stock 1020000 Total Capital Stock Additional Paid-in Capital Paldin Capitalin Excess of Stated Value-Common Stock 490000 Paldin Capitalin Excess of Par Value Preferred Stock 15000 Troll Additional Dada Canal Prepare the stockholders' equity section of the balance sheet at December 31, 2022. Include 2022 net income of $285,000 as an increase to the January 1, 2022, Retained Earnings. FLOUNDER CORP. Partial Balance Sheet December 31, 2022 'Equity stock $ 300000 tock 1020000 Stock 1320000 id in Capital sita in excess of Stated Value Common Stock 490000 italin Excess of Par Value-Preferred Stock 15000 Paidan.nl 76 NIE Preferred Stock 300000 Common Stock 1020000 Total Capital Stock $ Additional Paid-in Capital Paid in Capital in excess of Stated Value-Common Stock 490000 Pald in Capital in Excess of Par Value Preferred Stock 15000 Total Additional Paid-in Capital Total Paid in Capital Retained Earnings Total Paid-in Capital and Retained Earnings Less Treasury Stock Total Stockholders' Equity $ stock 300000 tock 1020000 Stock $ 1320000 id-in Capital italin Excess of Stated Value-Common Stock 490000 Stalin Excess of Par Value-Preferred Stock 15000 nal Paid-in Capital 505000 Capital 1825000 arning 782700 Capital and Retained Earnings: 2607700 Trotury Stock i lders Equity $ 355900 (d) Your answer is incorrect. Calculate the payout ratio, earnings per share, and return on common stockholders' equity. (Note: Use the common shares outstanding on January 1 and December 31 to determine the average shares outstanding) (Round earning per share to 2 decimal places, e.g. $2.66 and all other answers to 1 decimal place. 17,5%.) Payout ratio 96 Earnings per share Return on common stockholders' equity %

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