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  3. swifty corporation was organized on january 2, 202

Swifty Corporation was organized on January 2, 2021. with 515000 authorized shares of $10 par...

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Swifty Corporation was organized on January 2, 2021. with 515000 authorized shares of $10 par value common stock. During 2021. Swifty had the following capital transactions: January 5-issued 386250 shares at $15 per share. July 27-purchased 25750 shares at $12 per share. November 25-sold 15450 shares of treasury stock at $14 per share. Swifty used the cost method to record the purchase of the treasury shares. What would be the balance in the Pald-in Capital from Treasury Stock account at December 31, 2021? $15450 $0. $46350 $30900 On January 1, 2021, Marigold Corp.declared a 10% stock dividend on its common stock when the fair value of the common stock was $28 per share. Stockholders' equity before the stock dividend was declared consisted of Common stock, $10 par value authorized 200,000 shares: issued and outstanding 122000 shares $1220000 Additional paid-in capital on common stock 149000 Retained earnings 731000 Total stockholders' equity $2100000 What was the effect on Marigold's retained earnings as a result of the above transaction

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