Question: work vir Test At December 31, 2017 Mainzer Corp.reported the following stockholders' equity: (Click on the icon to view the stockholders' equity) During 2018, Mainzer


work vir Test At December 31, 2017 Mainzer Corp.reported the following stockholders' equity: (Click on the icon to view the stockholders' equity) During 2018, Mainzer Corp. completed these transactions and events in this order: (Click on the icon to view the transactions and events.) Requirement 1. Prepare Mainzer's statement of stockholders' equity for the year ended December 31, 2018 ny Year Ended December 31, 2018 Additional Common paid-in Retained Stock capital earnings Treasury Total stockholders' equity stock Balance, December 31, 2017 Sale of treasury stock Issuance of common stock Net income Cash dividends Balance, December 31, 2018 o r in the files and than ontinue to the next question pers' equ Paid-in capital: Common stock, $3 par, 700,000 shares authorized, 110,000 shares issued $ 330,000 145,000 475,000 710,000 Additional paid-in capital-common Total paid-in capital Retained earnings Subtotal Less: Treasury stock, 2,600 shares at cost $ 1,185,000 (85,800) 1,099,200 $ Total stockholders' equity Print Done umber in the innuit fields and the * More Info shares was $33 per share b. Issued 1,100 shares of common stock at $20 per share c. Net income for the year was $245,000 d. Declared and paid cash dividends of $60,000 Print Done
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