When Resisto Systems, Inc., was formed, the company was authorized to issue 5,000 shares of $100 par value, 8% cumulative preferred stock, and 100,000 shares of $2 stated value common stock. Half of the preferred stock was issued at a price of $103 per share, and 59,000 shares of the common stock were sold for $22 per share. At the end of the current year, Resisto has retained earnings of $382,000. 1. Prepare the stockholder's equity section of the company's balance at the end of the current year.
2. Assume Resisto System’s common stock is trading at $24 per share and its preferred stock is trading at $107 per share at the end of the current year. Would the stockholders’ equity section prepared in part a be affected by this additional information?

1. Attached is the Stockholder's equity section of the company's balance at the end of the current year.

Preferred stock = 2,500 (half of 5,000) were issued at par value of $100 each = 2,500 * 100 = $250,000

Additional Paid in capital for Preferred stock = (103 - 100) * 2,500 = $7,500

Common stock = 59,000 issued at stated value of $2 = 59,000 *2 = $118,000

Additional Paid in capital for Common stock = (22 - 2) * 59,000 = $1,180,000‬

2. The Stockholder's equity section is prepared with the book values of the relevant entries. As such, it WILL NOT be affected by changes in market value.

1) humans bringing in and letting out a foreign species of fish into a nearby water way, resulting in the native species fighting for food and resources with the new species, or Invasive species.

2) human letting out a snake or exotic species into a forest, resulting, similarly to previous scenario, to the native species of the forest suffering the negative affects of the invasive species in regards to food, biodiversity, and the ecosystem of the area in which it was introduced buy the human.