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question common stock 40 000 authorized 25 000 issued and outstanding with par value 4286419

Question

Common stock (40,000 authorized, 25,000 issued and outstanding with par value of $10 per share.)

Please hekp me with required section. Thank you

Thomson Corporation Stockholder's Equity December 31, 2013 Common stock (40,000 authorized, 25,000 issued and outstanding with par value of $10 per share.) 250,000.00 125,000.00 Excess paid in capital on common stock Retained Earnings 500.000.00 Total stockholder's equity 875,000.00 During the current year, Thomson had the following stock transactions The company authorizes the sale of 10% preferred stock, 50,000 shares at par value of $50. Sold 20,000 shares of preferred stock at $75 per share. Purchased 5,000 shares of common stock at $20 per share for cash. Declared and distributed a 2% stock dividend to common stockholders when market price was $25 per share. Declared and paid $90,000 in cash dividends to common and preferred stockholders. Sold 2,000 shares of treasury stock at $16 per share. Net loss is $134,000. Required: 1. Prepare the stockholder's equity section of the balance sheet for year-end 2013

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