Sunland Company reported the following amounts in the stockholders' equity section of its December balance sheet.
During Sunland took part in the following transactions concerning stockholders' equity.
Paid the annual $ per share dividend on preferred stock and a $ per share dividend on common stock. These
dividends had been declared on December
Purchased shares of its own outstanding common stock for $ per share. Sunland uses the cost method.
Reissued treasury shares for land valued at $
Issued shares of preferred stock at $ per share.
Declared a stock dividend on the outstanding common stock when the stock is selling for $ per share.
Issued the stock dividend.
Declared the annual $ per share dividend on preferred stock and the $ per share dividend on common stock. These
dividends are payable in
