need help pls Prepare the stockholders equity section for Ha

need help pls

Prepare the stockholders\' equity section for Hawthorne Corporation at December 31, 2015. P11-3B The stockholders\' equity accounts of Lore Corporation on January l, 2015, were as follows. Preferred Stock (10%, $100 par, noncumulative, 5, 000 shares authorized) $ 300, 000 Common Stock ($5 stated value, 300, 000 shares authorized)Paid-in Capital in Excess of Par Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock425, 000 Retained Earnings488, 000 Treasury Stock During 2015, the corporation had the following transactions and events pertaining to its stockholders\' equity. Feb. 1 Issued 3, 000 shares of common stock for $25, 500. Mar. 20 Purchased 1, 500 additional shares of common treasury stock at $8 per share. June 14 Sold 4, 000 shares of treasury stock-common for $36, 000. Sept. 3 Issued 2, 000 shares of common stock for a patent valued at $19, 000. Dec. 31 Determined that net income for the year was $350, 000. Instructions Journalize the transactions and the closing entry for net income. Enter the beginning balances in the accounts and post the journal entries to the stockholders\' equity accounts. (Use J1 as the posting reference.) Prepare a stockholders\' equity section at December 31, 2015.

Solution

log₇ 11 + 4log₇ 8 + 6log₇ 5 = log₇ 11 + log₇ (8) ⁴  + log₇ ( 5)⁶ = log₇ ( 11* 8⁴ *5⁶) = log₇ ( 11* 4096*15625) = log₇ 704000000 = 10.4692855032   ( as m log n = log n^m and log a + log b = log ab)