Statement of Stockholders' Equity At the beginning of the year Haley Corporation had the following...
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Accounting
Statement of Stockholders' Equity At the beginning of the year Haley Corporation had the following equity accounts and balances: During the year Haley engaged in the following transactions involving its equity accounts: a. Sold 8,000 shares of common stock for $35 per share. b. Sold 1,000 shares of 9%,$120 par preferred stock at $125 per share. c. Declared and paid cash dividends of $15,000. d. Repurchased 500 shares of treasury stock (common) for $55 per share. e. Sold 300 of the treasury shares for $61 per share. 2. Net income for the year was $89,000. Prepare a statement of stockholders' equity at year end
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