Business, 31.05.2020 00:01, oreonb11

G Sunland Company has two classes of capital stock outstanding: 7%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders’ equity. Preferred Stock, 146,100 shares $ 2,922,000 Common Stock, 1,982,000 shares 9,910,000 Sept. 15 9,400 shares of treasury stock reissued at $11 per share. Dec. 31 The preferred dividend is declared, and a common dividend of 51¢ per share is declared. Dec. 31 Net income is $2,093,000. Prepare the stockholders’ equity section for Sunland Company at December 31, 2021.

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G Sunland Company has two classes of capital stock outstanding: 7%, $20 par preferred and $5 par com...