On January 1, 2022, Marin Inc. had these stockholders' equity balances. Common Stock, $1 par...
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On January 1, 2022, Marin Inc. had these stockholders' equity balances. Common Stock, $1 par (2,300,000 shares authorized, 710,000 shares issued and outstanding) $710,000 Paid-in Capital in Excess of Par Value 1,410,000 Retained Earnings 693,000 Accumulated Other Comprehensive Income 47.000 During 2022, the following transactions and events occurred. 1. Issued 53,000 shares of $1 par value common stock for $3 per share. 2. Issued 55,500 shares of common stock for cash at $3 per share. 3. Purchased 15,800 shares of common stock for the treasury at $3.80 per share. 4. Declared and paid a cash dividend of $131,500. 5. Earned net income of $401,000. 6. Had other comprehensive income of $19,800. Prepare the stockholders' equity section of the balance sheet at December 31, 2022. Prepare the stockholders' equity section of the balance sheet at December 31, 2022. MARIN INC. Partial Balance Sheet December 31, 2022 Stockholders' Equity Capital Stock $
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