statement of stckholders equity 461230

MArble corporation had the following balances in its stockholders equity accounts at December 31, 2010.
common stock, $10 par, 50,000 shares authorized, 20,000 shares issued…$200,000
paid-in capital in excess of par value, common……250,000
retained eranings…….500,000
treausry stock, 1,000 shares……..(20,000)
total stockholders equity……….$930,000
The following transactions occured during 2011:

February 3 – sold and issued 3,000 ahares of common stock for $22 per share
May10 – declared a $0.50 per share dividend on common stock
October – 12 Sold 500 shares of the treausury stock for $20 per share
December – 31 Net income for the year was determined to be $75,000

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Based on the above information, prepare a statement of stockholders equity for 2011.


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