Bateman Company reported total shareholders' equity of $58,000 on its statement of financial position dated December 31,
Posted: Tue Jul 05, 2022 11:50 am
Bateman Company reported total shareholders' equity of $58,000 on its statement of financial position dated December 31, 20X2. During 20X2, it reported a profit of $4,000, declared and paid a cash dividend of $1,000, and issued additional shares of $22,000. What was total shareholders' equity at January 1, 20X2? $34,000 $83,000 $33,000 $58,000