Eastport Incorporated was organized on June Year It was authorized to issue shares of $ par common stock and shares of percent cumulative class A preferred stock. The class A stock had a stated value of $ per share. The following stock transactions pertain to Eastport Incorporated:
a Issued shares of common stock for $ per share.
b Issued shares of the class A preferred stock for $ per share.
c Issued shares of common stock for $ per share.
Required
Prepare the stockholders' equity section of the balance sheet immediately afterthese transactions.
tableEASTPORT INCORPORATEDBalance Sheet partialStockholders Equity,Common stock,Preferred stock,Total PaidIn Capital,Total stockholders' equity,
