Statement of stockholders’ equity Noric Cruises Inc. began the month of October with the following balances: Common Stock, $150,000; Additional Paid-In Capital, $3,225,000; and Retained Earnings,...



Statement of stockholders’ equity


Noric Cruises Inc. began the month of October with the following balances: Common Stock, $150,000; Additional Paid-In Capital, $3,225,000; and Retained Earnings, $12,400,000. During June, Noric issued for cash 50,000 shares of common stock (with a stated value of $1) at $16 per share. Noric reported the following results for the month ended October 31:













Net income$2,350,000
Cash dividends declared475,000



Prepare a statement of stockholders’ equity for the month ended October 31. If there is a net loss or there has been a decrease in stockholders' equity, enter that amount as a negative number using a minus sign. If an amount box does not require an entry, leave it blank.





















































Noric Cruises Inc.
Statement of Stockholders' Equity
For the Month Ended October 31




Common
Stock
Additional
Paid-In
Capital




Retained
Earnings






Total
Balances, October 1$fill in the blank 2$fill in the blank 3$fill in the blank 4$fill in the blank 5
Issued Common Stockfill in the blank 7fill in the blank 8fill in the blank 9fill in the blank 10
Net Incomefill in the blank 12fill in the blank 13fill in the blank 14fill in the blank 15
Dividendsfill in the blank 17fill in the blank 18fill in the blank 19fill in the blank 20
Balances, October 31


Jun 10, 2022
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