1O 11 12 Balance Sheet (Shareholders’ Equity) December 31, 2015 Contributed Capital:
Preferred stock, 6%, $100 par $200,000.00
Additional paid-in capital on preferred stock 12,000.00
Common stock, $5 par $150,000.00
Additional paid-in capital on common stock 240,000.00
Total contributed capital Retained earnings
Accumulated other comprehensive income (loss): Unrealized decrease in value of available-for—sale securities Total contributed capitaL retained earnings, and accumulated other comprehensive income Less: Treasury stock (1,000 shares of common stock at cost, acquired on 2/3/2015) Total Shareholders’ Equity $212,000.00 390,000.00
627,000.00 (41,000.00) $1,188,000.00 (20,000.00)
Jan. 4 Paid the semiannual dividend on the outstanding preferred stock and a $1.60 per share annual dividend on the outstanding common stock. These dividends had been declared on December 1, 2015.
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