Statement of Shareholders' Equity On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items: Additional paid-in capital on common stock $106,675...


Statement of Shareholders' Equity<br>On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items:<br>Additional paid-in capital on common stock<br>$106,675<br>Additional paid-in capital on preferred stock<br>11,200<br>Common stock, $2 par<br>50,200<br>Preferred stock, $100 par<br>56,000<br>Retained earnings<br>225,000<br>During 2019, the company sold 5,000 shares of common stock for $15 per share and 220 shares of preferred stock for $133 per share. It also earned income of $100,000 and paid dividends of $10 per share on the preferred stock and $1.60 per share on the common stock outstanding at the end of 2019.<br>This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.<br>Open spreadsheet<br>Required:<br>Prepare Osgood's statement of shareholders' equity (include retained earnings) for 2019.<br>OSGOOD FILM STUDIOS<br>Statement of Shareholders' Equity<br>For Year Ended December 31, 2019<br>Preferred<br>Common<br>Additional<br>Additional<br>Stock<br>Stock<br>Paid-in Capital<br>Paid-in Capital<br>Retained<br>$100 par<br>$2 par<br>on Preferred Stock<br>on Common Stock<br>Earnings<br>Total<br>$|<br>

Extracted text: Statement of Shareholders' Equity On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items: Additional paid-in capital on common stock $106,675 Additional paid-in capital on preferred stock 11,200 Common stock, $2 par 50,200 Preferred stock, $100 par 56,000 Retained earnings 225,000 During 2019, the company sold 5,000 shares of common stock for $15 per share and 220 shares of preferred stock for $133 per share. It also earned income of $100,000 and paid dividends of $10 per share on the preferred stock and $1.60 per share on the common stock outstanding at the end of 2019. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Required: Prepare Osgood's statement of shareholders' equity (include retained earnings) for 2019. OSGOOD FILM STUDIOS Statement of Shareholders' Equity For Year Ended December 31, 2019 Preferred Common Additional Additional Stock Stock Paid-in Capital Paid-in Capital Retained $100 par $2 par on Preferred Stock on Common Stock Earnings Total $|

Jun 10, 2022
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