On January 1, 2021, Paver Corporation had 84,000 common shares, recorded at $659,000, and retained earnings of $1,049,000. During the year, the following transactions occurred:

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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On January 1, 2021, Paver Corporation had 84,000 common shares, recorded at $659,000, and retained earnings of $1,049,000.
During the year, the following transactions occurred:
Apr. 2
June 15
Aug. 21
Nov. 1
Dec. 20
(a)
e to search
Issued 5,000 common shares at $20 per share.
Declared a cash dividend of $0.25 per share to common shareholders of record on June 30, payable on July 10.
Declared a 5% stock dividend to common shareholders of record on September 5, distributable on September 20.
The shares were trading for $22 a share on August 21, $24 on September 5, and $27 on September 20.
Issued 2,900 common shares at $24 per share.
Declared a cash dividend of $0.30 per share to common shareholders of record on December 31, payable on January
10.
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15
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Transcribed Image Text:Show Attempt History Current Attempt in Progress On January 1, 2021, Paver Corporation had 84,000 common shares, recorded at $659,000, and retained earnings of $1,049,000. During the year, the following transactions occurred: Apr. 2 June 15 Aug. 21 Nov. 1 Dec. 20 (a) e to search Issued 5,000 common shares at $20 per share. Declared a cash dividend of $0.25 per share to common shareholders of record on June 30, payable on July 10. Declared a 5% stock dividend to common shareholders of record on September 5, distributable on September 20. The shares were trading for $22 a share on August 21, $24 on September 5, and $27 on September 20. Issued 2,900 common shares at $24 per share. Declared a cash dividend of $0.30 per share to common shareholders of record on December 31, payable on January 10. II 15 E G
What is the number of common shares at the end of the year?
Number of common shares
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Transcribed Image Text:What is the number of common shares at the end of the year? Number of common shares eTextbook and Media List of Accounts Save for Later Question Part Score Type here to search A: Attempts: 1 of 3 used
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