Answer Happy

Question 13 Chaco Company provided the following pertaining to its accounting year that ended December 31, 2022: Transaction Sold common stock, par value $5,000 Declared cash dividends Paid cash dividends Net income Sold treasury stock, cost $4,500 O $28,000 O $30,000 O $12,000 Amount 5% stock dividend distributed, $2,500 par value 11,500 O $29,000 2 pts $ 25,000 10,000 7,500 What is the amount of net increase in Chaco's additional paid-in capital account during the year 2022? 35,000 3,500