Beck company reported the following balances at december 31

Reference no: EM13600946

Beck Company reported the following balances at December 31, 2011: common stock $397,710; paid-in capital in excess of par value-common stock $106,770; and retained earnings $241,700. During 2012, the following transactions affected stockholder's equity

1. Issued preferred stock with a par value of $129,690 for $205,090.
2. Purchased treasury stock (common) for $44,630.
3. Earned net income of $143,110.
4. Declared and paid cash dividends of $53,370.

Prepare the stockholders' equity section of Beck Company's December 31, 2012, balance sheet. (For preferred stock, common stock and treasury stock enter the account name only and do not provide the descriptive information provided in the question.

Reference no: EM13600946

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