Waterway Company reported the following amounts In the stockholders' equilty sectlon of Its December balance sheet.
Preferred stock, $ par shares authorlzed, shares lasued
$
Common stock, $ par shares authorized, shares lssued
Additionai paldIn capital
Retalned earnings
Total
During Waterway took part in the following transactlons concerning stockholders' equlty.
Pald the annual $ per share dlvidend on preferred stock and a $ per share dividend on common stock. Thege dividends had been declared on December
Purchased shares of Its own outstanding common stock for $ per share. Waterway uses the cost method.
Relesued 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.
lesued the stock dividend.
Declared the annual $ per share dlvidend on preferred stock and the $ per share dividend on common stock. These dividends are payable in
a
Your anewerts pertially correct. and enter O for the amounts.
