Chapter 15, Problem 13ICA

The comparative statements of shareholders' equity for Company A are shown below. They follow the fiscal years ending December 31, 2019, 2020, and 2021.Using the statements as the guide, compute earnings per share (EPS) as they would have appeared on the income statements for:December 31, 2019December 31, 2020December 31, 2021No potential common shares were outstanding during any of the periods shown above. COMPANY A Statements of Shareholders' Equity For the Years Ended December 31, 2019, 2020, and 2021 ($ in millions)                       Total   Preferred Common Additional   Share-   Stock, $10 Stock, $1 Paid-in Retained holders'   par par Capital Earnings Equity Balance at Jan. 1, 2019               55            495           1,878                    2,428 Sale of preferred shares                         10               470                          480 Sale of common shares, 7/1                 9              81                            90…

Based on the above journal: Prepare the company’s Stockholders equity section of the balance sheet at December 31, 2021. (Hint!!!!!!!) The following information must be clearly stated/shown: information on par or par values for all classes of shares which must be shown separately. the number of shares authorized and issued where necessary. the sub total for the total paid in capital. Retained earnings. total stockholders’ equity.

(Statement Presentation of Transactions—Equity Accounts) The following selected account balances are taken from the financial statements of Mandrich Inc. at its calendar year end prepared using IFRS: The following selected account balances are taken from the financial statements of Mandrich Inc. at its calendar year end prepared using IFRS:     2020   2019   Preferred shares classified as equity   $145,000   $145,000   Common shares: 9,000 shares in 2020, 10,000 shares in 2019   142,000   160,000   Contributed surplus—reacquisition of common shares   3,500   –0–   Cash dividends—preferred   6,250   6,250   Stock dividends—common   14,000   –0–   Retained earnings (balance after closing entries)   300,000   240,000   At December 31, 2020, the following information is available: Mandrich Inc. repurchased 2,000 common shares during 2020. The repurchased shares had a weighted average cost of $32,000.During 2020, 1,000 common shares were issued as a stock dividend.Mandrich…