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Policies Current Attempt in Progress On January 1, 2022, Kingbird, Inc. had these stockholders' equity...

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Policies Current Attempt in Progress On January 1, 2022, Kingbird, Inc. had these stockholders' equity balances Common Stock, $1 par (2,100,000 shares authorized 650,000 shares issued and outstanding) Paid-in Capital in Excess of Par Value $650,000 Retained Earnings 1,540,000 Accumulated Other Comprehensive Income 710,000 62.000 During 2022, the following transactions and events occurred. 1. 2. 3. Issued 50,500 shares of $1 par value common stock for $4 per share, Issued 62,500 shares of common stock for cash at $5 per share. Purchased 16,800 shares of common stock for the treasury at $3.25 per share. Declared and paid a cash dividend of $192,500. Earned net income of $436,500. Had other comprehensive income of $19,400. 4. 5. 6. KINGBIRD, INC. Partial Balance Sheet $ - 1 2 3 e Textbook and Media List of Accounts Save for Later Attempts: unlimited Submit

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