You have been hired as an accountant for Bamp;G Co., a corporation performing diverse consulting services in Detroit, Michigan. Bamp;G Co. prepares...

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ABC corporation declared $ 5 dividend per share (to common stock holders). It will be paid in 2017.

* Additional information1.      Ignore tax effect.2.      Salaries expenses incurred but not paid prior to Dec. 31st totaled $10,500. 3.      The company received the bill for utility services (electricity) that the firm used during December in the amount of $6,000. The company will pay the bill in Jan. 2018.4.      $3,000 of supplies remained at the end of December.5.      The company use the "Allowance" method for possible accounts receivable write-offs in the future and estimated that 5% of the outstanding account receivable will not be collected. 6.     The equipment purchased on Dec. 1st depreciates $200 per month.7.      The common stock price of ABC Corporation on December 31st is still $ 20 per share.