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Inge Co. had the following accounts (among others) in its general ledger at December 31, 2020: Bonds payable, 8%,. due in 5 years ………………………………… $ 80,000 Premium on bonds payable …………………………………………. 8,000 Additional paid-in capital, preferred stock …………………………. 17,600 Net gain on foreign currency translation …………………………… 41,000 Cash dividend payable, common stock ……………………………. 9,000 Stock dividend distributable, common stock ………………………. 10,000 Sinking fund …………………………………………………………… 37,000 Additional paid-in capital, common stock ………………………….. 32,400 Net actuarial loss on pension obligation …………………………… 11,000 Investment in U. S. Treasury notes …………………………………. 24,000 Treasury stock, common stock, at cost of $100 per share ………. 60,000 Preferred stock, $10 par value, 6%, 100,000 shares authorized, ? shares issued, ? shares outstanding ………….. 200,000 Reserve for sinking fund …………………………………………….. 37,000 Retained earnings, unappropriated ………………………………… 263,000 Common stock, $ ? stated value, ? shares issued, 24,400 shares outstanding … 100,000 Using the applicable information from the above listing, prepare a statement of shareholders’ equity for Inge Co., as of December 31, 2020.
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Inge Co. had the following accounts (among others) in its general ledger at December 31, 2020: Bonds...
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