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Beginning balances @ January 1, 2021 Common Stock................$500,000 Additional Paid in Capital in excess of...

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Accounting

Beginning balances @ January 1, 2021

Common Stock................$500,000

Additional Paid in Capital in excess of Par.......$2,500,000

Treasury Stock.....$12,000

Retained Earnings...............$1,248,000

Activity during the year:

Net Income.......$272,000

Dividends Declared.........$15,000

Treasury Stock purchased....2,200 shares @$12

Common Stock issued....50,000 shares @$25, par value $5 per share

Prepare a Statement of Stockholders' Equity for Staler Company based on the above information:

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