Hi! This is for comm217 financial accounting. Can you please help me answer this question.
At the preface of 2018, the distributeholders' equity minority of the assertion of financial comcomposition of PontiCorporation reflected the following:Common distributes, no par esteem, identified unbounded numberof distributes, issued and uncollected 36,100 distributes$ 361,000Retained earnings752,000On February 1, 2018, the board of directors visible a 100 percent hoard dividend to be issued on April 30,2018. The cost per vulgar distribute was $19 on February 1, 2018.