On January 1, 2017 a company had the following shareholders' equity (Click the icon to...
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On January 1, 2017 a company had the following shareholders' equity (Click the icon to view the shareholders' equity.) On January 4, the company purchased 22,000 shares of its common stock for $37 per share. On June , the company declared a $2.40 per share dividend to be paid on July 7. Net income for the year amounted to $306,000. Below, complete the stockholders' equity section the company's balance sheet on December 31, 2017. Stockholders' Equity Balance Data Table Total Contributed Capital Common Stock, $8 par (425,000 shares authorized, 200,000 shares issued and outstanding) S 1.600.000 Total Additional Paid-in Capital in Excess of Par Common 240.000 900.000 Retained Earnings 740.000 Total Stockholders' Equity Total Stockholders' Equity Print Done Choose from any list or enter any number in the input fields and then click Check
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