Pueblo, Inc., ended 2018 with 8 million shares of \$1 par common stock issued and...

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Pueblo, Inc., ended 2018 with 8 million shares of \$1 par common stock issued and outstanding. On December 31, 2018 additional paid-in capital was $16 million, and retained earnings totaled \$ 38 million. In April 2019, Pueblo issued 6 million shares of common stock at a price of $3 per share. In June, the company declared and distributed a 10% stock dividend at a time when Pueblo's common stock had a market value of \$ 13 per share. Then in September, Pueblo's stock price dropped to $1 per share and the company purchased 6 million shares of treasury stock. In October, Pueblo sold 600,000 shares of treasury stock for $3 per share In November, Pueblo declared \$15 million in cash dividends payable on December 15 to holders of record on December 5 . On December 1, Pueblo declared a 2 for 1 stock split For the year, Pueblo earned net income of \$ 26 million. (no journal entry - just enter on grid) 1) Prepare the necessary Journal Entries 2) Complete the following tabulation to show what Pueblo, Ine. should report for stockholders' equity at December 31 . 2019. (Enter amounts in millions to one decimal place. Enter the effect of each transaction on equity in each line of the table. Use parentheses or a minus sign when entering numbers to be subtracted or when showing a debit balance.) 3) Dividends are paid on outstanding shares. What was the dividend paid per share if total dividends paid was $15 million

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