question archive RENN-DEVER CORPORATION Statements of Retained Earnings For the Years Ended December 31 2021 2020 2019 Balance at beginning of year $7,022,292 $5,612,052 $5,724,552 Net income (loss) 3,318,700 2,340,900 (112,500) Deductions: Stock dividend (55,800 shares) 252,000 Common shares retired, September 30 (110,000 shares) 222,660 Common stock cash dividends 899,950 708,000 0 Balance at end of year $9,189,042 $7,022,292 $5,612,052 At December 31, 2018, paid-in capital consisted of the following: Common stock, 1,970,000 shares at $1 par Paid in capital-excess of par $1,970,000 7,520,000
RENN-DEVER CORPORATION Statements of Retained Earnings For the Years Ended December 31 2021 2020 2019 Balance at beginning of year $7,022,292 $5,612,052 $5,724,552 Net income (loss) 3,318,700 2,340,900 (112,500) Deductions: Stock dividend (55,800 shares) 252,000 Common shares retired, September 30 (110,000 shares) 222,660 Common stock cash dividends 899,950 708,000 0 Balance at end of year $9,189,042 $7,022,292 $5,612,052 At December 31, 2018, paid-in capital consisted of the following: Common stock, 1,970,000 shares at $1 par Paid in capital-excess of par $1,970,000 7,520,000
Subject:BusinessPrice: Bought3
RENN-DEVER CORPORATION Statements of Retained Earnings For the Years Ended December 31 2021 2020 2019 Balance at beginning of year $7,022,292 $5,612,052 $5,724,552 Net income (loss) 3,318,700 2,340,900 (112,500) Deductions: Stock dividend (55,800 shares) 252,000 Common shares retired, September 30 (110,000 shares) 222,660 Common stock cash dividends 899,950 708,000 0 Balance at end of year $9,189,042 $7,022,292 $5,612,052 At December 31, 2018, paid-in capital consisted of the following: Common stock, 1,970,000 shares at $1 par Paid in capital-excess of par $1,970,000 7,520,000
