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Make shareholders equity section of pop stop balance sheet

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Question - Pop Company began operations on jan1, 2019 by issuing 45,000 common shares at $12 per share and 25,000 $3 cumulative preferred shares at $20 per shares.

During 2019 Pop issued and additional 8,000 common shares at $11 per shares and 2,000 preferred shares at $30 per shares. 2019 profit was $225,000 and the board declared $81,000 in dividends.

Required - Make the Shareholders Equity section of pop stop balance sheet Dec 31, 2019?

Reference no: EM132616358

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