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On january 1, guillen corporation had 95,0000 shares of no par common stock issued and outstanding. The stock has a state value of $5 per share. During the year, the following occurred.

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Answer:

Follows are the solution to the given question:

Explanation:

Please find the complete question in the attachment file.

Market capitalization at 30 June:  [tex]120000 = 95000+25000[/tex]

Dividends payable on 10 July: [tex]120000[/tex]

Actions omitted by 31 December: [tex]122000 = 95000+25000+2000[/tex]

X Stock Dividends 1.2

Dividend payments payable on 31  December: [tex]146400[/tex]

Total value is given: [tex]266400 =120000+146400[/tex]

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