Question: Problem 11.8A (Static) Reporting Stockholders' Equity with Treasury Stock ( LO11-4, 11-5, 11-7, 11- 9) Faryin 20sa, Folor Corporaton wos formed with autherization to issue
Problem 11.8A (Static) Reporting Stockholders' Equity with Treasury Stock ( LO11-4, 11-5, 11-7, 11- 9) Faryin 20sa, Folor Corporaton wos formed with autherization to issue 50.000 shares of $1 par velue conmon stock Al staves were issued x o price of $9 per share. The corporetbon reported net income of $95,000 in 2019,$27500 in 2020 , and 575700 in 2021 No chidenids were deciored is any of these three years in 2020 , ere combany putchased ts own thares for 335,000 in the open manket. in 202t, z reissued all of its treosury stock for 540000 3. Propore the rrockholsers' equity section of the bolunce sheet at Decenber 31,2021 . b. As d Decumber 3t compste ne companys book value per shace of common stock. c. Haw the treasury stock transacions in 2020 and 2021 were reported in the company's statement of ensh flows. Complele thil question by entering vour answers in the tabs below
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