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On January 1, Ivanhoe Corporation had 90,000 shares of no-par common stock issued and outstanding. The...

On January 1, Ivanhoe Corporation had 90,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per share. During the year, the following occurred. Apr. 1 Issued 25,000 additional shares of common stock for $17 per share. June 15 Declared a cash dividend of $1 per share to stockholders of record on June 30. July 10 Paid the $1 cash dividend. Dec. 1 Issued 2,500 additional shares of common stock for $20 per share. 15 Declared a cash dividend on outstanding shares of $2.10 per share to stockholders of record on December 31.

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