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Prepare the stockholders equity section of the balance sheet

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Question - Total stockholders' equity 12/31/141,288,000Common stock PV $2, authorized 400,000; issued 180,000 at an average issue price of 4.75Balance is retained earnings.During 2015Company issued 5,000 shares for 40,000Company has net income of 77.000 and declared dividends of 40,000.

Required - Prepare the stockholders' equity section of the balance sheet as it would be presented in a classified balance sheet.

Reference no: EM132495688

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