Tamarisk Company reported the following amounts in the stockholders' equity section of its December 31,...
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Tamarisk Company reported the following amounts in the stockholders' equity section of its December 31, 2024, balance sheet. Preferred stock, 11%, $100 par (10,000 shares authorized, 2,100 shares issued) Common stock, $5 par (91,000 shares authorized, 18,200 shares issued) Additional paid-in capital Retained earnings Total 1. 2. 3. 4. During 2025, Tamarisk took part in the following transactions concerning stockholders' equity. Paid the annual 2024 $11 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31, 2024. 5, 6. $210,000 7, 91,000 130,000 448,000 $879,000 Purchased 1,800 shares of its own outstanding common stock for $43 per share. Tamarisk uses the cost method. Reissued 800 treasury shares for land valued at $35,100. Issued 540 shares of preferred stock at $107 per share. Declared a 10% stock dividend on the outstanding common stock when the stock is selling for $46 per share. Issued the stock dividend. Declared the annual 2025 $11 per share dividend on preferred stock and the $2 per share dividend on common stock. These dividends are payable in 2026. 4 27
During 2025 , Tamarisk took part in the followine transactions concerning stockfiolders' equity. 1. Pald the anual 2024$11 per share dividend on preferred stock and a $2 per share dividend on common stock These. dividends had been declared on December 31,2024. 6. Imesithe sock divioend During 2025 , Tamarisk took part in the followine transactions concerning stockfiolders' equity. 1. Pald the anual 2024$11 per share dividend on preferred stock and a $2 per share dividend on common stock These. dividends had been declared on December 31,2024. 6. Imesithe sock divioend
Tamarisk Company reported the following amounts in the stockholders' equity section of its December 31, 2024, balance sheet. Preferred stock, 11%, $100 par (10,000 shares authorized, 2,100 shares issued) Common stock, $5 par (91,000 shares authorized, 18,200 shares issued) Additional paid-in capital Retained earnings Total 1. 2. 3. 4. During 2025, Tamarisk took part in the following transactions concerning stockholders' equity. Paid the annual 2024 $11 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31, 2024. 5, 6. $210,000 7, 91,000 130,000 448,000 $879,000 Purchased 1,800 shares of its own outstanding common stock for $43 per share. Tamarisk uses the cost method. Reissued 800 treasury shares for land valued at $35,100. Issued 540 shares of preferred stock at $107 per share. Declared a 10% stock dividend on the outstanding common stock when the stock is selling for $46 per share. Issued the stock dividend. Declared the annual 2025 $11 per share dividend on preferred stock and the $2 per share dividend on common stock. These dividends are payable in 2026. 4 27

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