Construct the equity section of preston roads balance sheet, Finance Basics

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Construct the equity section of preston roads balance sheet

Preston Road Inc. was organized last year when its founders contributed $9 mil- lion and issued 3 million shares of $1.25 par value stock. The company earned $750,000 in its first year and paid dividends of $325,000. Construct the Equity section of Preston Road's balance sheet as of the end of that year.

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Finance Basics: Construct the equity section of preston roads balance sheet

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