Question: Please help me fill out this chart with the correct amounts in each section and account titles. [The following information applies to the questions displayed

Please help me fill out this chart with the correct amounts in each section and account titles.

Please help me fill out this chart with the
[The following information applies to the questions displayed below. ] Tarrant Corporation was organized this year to operate a financial consulting business. The charter authorized the following stock: common stock, $20 par value, 13,200 shares authorized. During the year, the following selected transactions were completed: a. Sold 6,700 shares of common stock for cash at $40 per share. b. Sold 1,900 shares of common stock for cash at $45 per share. c. At yearend, the company reported net income of $7,400. No dividends were declared. 2. Prepare the stockholders' equity section of the balance sheet at the end of the year. Note: Amounts to be deducted should be indicated by a minus sign. Stockholders' equity Contributed capital: Total contributed capital Total stockholders' equity

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