North wind aviation received its charter during january 2010. the charter authorized the following capital stock:

preferred stock: 8 percent, par $10, authorized 20,000 shares.
common stock: par $7, authorized 50,000 shares.

during 2010, the following transactions occurred in the order given:

a. issued a total of 40,000 shares of the common stock to the company's founders for $11 per share.
b. issued 5,000 shares of the preferred stock at $18 per share.
c.

issued 3,000 shares of the common stock at $14 per share and 1,000 shares of the preferred stock at $28.
d. net income for the first year was $48,000.

required:
prepare the stockholders' equity section of the balance sheet at december 31, 2010

if i need to borrow money for anything, it would be for something like a house or an apartment but, that depend on the situation.

is this good enough?

answer; /// egg production using the factory technique falls less than with the free range technique;

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.