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The stockholder's equity accounts of Ayayi Corp on Jan 1, 2022, were as follows
Preferred stock (6% 100 par noncumulative 5000 shares) 300,00
Common stock ($4 stated value 300,000) 1,000,000
Pain in Capital Excess of par Value Preferred Stock 15,000
Pain in Capital in Excess stated Value Common stock 480,000
Retained Earnings 678,000
Treasury stock 40,000
Prepare the tabular list
Deaclared .$0.40 per share dividend to common stockholders of record on Dec 15 to be paid Dec 31
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