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BSE Inc. completed the following transactions in its first year of operations: February 15 Issued...

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Accounting

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BSE Inc. completed the following transactions in its first year of operations: February 15 Issued 5000 common shares for $36295 March 1 Issued 589 $6 non-cumulative preferred shares for $40688 April 1 Declared a 2 for 1 stock split on the common shares December Declared cash dividends on the preferred shares 28 BSE's net income for the year was $28136. What is company's shareholders equity balance at December 31? Select one: a. $98051 b. $105119 c. $137880 d. $101585 Check

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