Oriole, Inc. had the following equity investment portfolio at January 1, 2020. Evers Company   960 shares @ $ 14 each   $ 13,440   Rogers Company   880 shares @ $ 20 each   17,600   Chance Company   520 shares @ $ 10 each   5,200   Equity investments @ cost       36,240   Fair value adjustment       ( 7,300 ) Equity investments @ fair value       $ 28,940   During 2020, the following transactions took place. 1.   On March 1, Rogers Company paid a $ 2 per share dividend. 2.   On April 30, Oriole, Inc. sold  320 shares of Chance Company for $ 11 per share. 3.   On May 15, Oriole, Inc. purchased  100 more shares of Evers Company stock at $ 17 per share. 4.   At December 31, 2020, the stocks had the following price per share values: Evers $ 18, Rogers $ 19, and Chance $ 9. During 2021, the following transactions took place. 5.   On February 1, Oriole, Inc. sold the remaining Chance shares for $ 9 per share. 6.   On March 1, Rogers Company paid a $ 2 per share dividend. 7.   On December 21, Evers Company declared a cash dividend of $ 3 per share to be paid in the next month. 8.   At December 31, 2021, the stocks had the following price per share values: Evers $ 20 and Rogers $ 21. Prepare a partial balance sheet showing the investment-related amounts to be reported at December 31, 2020 and 2021.

Shown as follows are the amounts from the stockholders' equity section of the balance sheets of Wasson Corporation for the years ended December 31, 2020 and 2021. Stockholders' equity: Capital Stock Retained Earnings Total stockholders' equity a. b. 2021 2020 $50,000 $30,000 200,000 180,000 $250,000 $210,000 Calculate the amount of additional investment that the stockholders made during 2021. Assuming that the corporation declared and paid $15,000 in dividends during 2021, calculate the amount of net income earned by the corporation during 2021. c. Explain the significance of the $200,000 balance of retained earnings at December 31, 2021.

Amy Dyken, controller at Shamrock Pharmaceutical Industries, a public company, is currently preparing the calculation for basic and diluted earnings per share and the related disclosure for Shamrock’s financial statements. Below is selected financial information for the fiscal year ended June 30, 2020. Long-term debt        Notes payable, 10%   $990,000    9% convertible bonds payable   5,040,000    10% bonds payable   6,080,000      Total long-term debt   $12,110,000 Shareholders’ equity   Preferred stock, 5% cumulative, $50 par value, 104,000 shares authorized, 26,000 shares issued and outstanding $1,300,000    Common stock, $1 par, 10,000,000 shares authorized, 1,000,000 shares issued and outstanding 1,000,000    Additional paid-in capital 3,990,000    Retained earnings 6,090,000      Total shareholders’ equity $12,380,000 The following transactions have also occurred at Shamrock. 1.   Options were granted on July 1, 2019, to purchase 180,000 shares at $15…

Blossom SA reported the following balances at December 31, 2019: share capital-ordinary €530,000, share premium-ordinary €115,000, and retained earnings €310,000. During 2020, the following transactions affected equity. 1. Issued preference shares with a par value of €140,000 for €247,000. 2. Purchased treasury shares (ordinary) for €45,000. Earned net income of €174,000. Declared and paid cash dividends of €52,000 3. 4. Prepare the equity section of Blossom SA's December 31, 2020, statement of financial position.