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Make a statement of stockholders equity for the year ended

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Reference no: EM132877530

Question - During the current year, the following selected transactions (summarized) were completed:

1. Sold and issued 1,800 shares of common stock at $21 cash per share (at year-end).

2. Determined net income, $47,000.

3. Declared and paid a cash dividend of $4 per share on the beginning shares outstanding.

Required - Make a statement of stockholders' equity for the year ended December 31, current year.

Reference no: EM132877530

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