Reconstructing transactions involving shareholders' equity. Fisher Company began business on January 1. Its balance sheet on December 31 contained the shareholders' equity section in Exhibit 12.9.

During the year. Fisher Company engaged in the following transactions: ( 1 ) Issued shares for S15 each.
(2) Acquired a block of 600 shares for the treasury in a single transaction.
( 3 1 Reissued some of the treasury shares.
(4) Sold for SI 0.000 securities available for sale with original cost of S6.000. At the end of the year, securities available for sale had original cost of $12,000 and market value of $14,000.
Assuming that these were all of the common stock transactions during the year, answer the following questions:

a. How many shares did Fisher Company issue for $30?

b. What was the price at which it acquired the treasury shares?

c. How many shares did it reissue from the block of treasury shares?

d. What was the price at which it reissued the treasury shares?

e. What journal entries did it make during the year'1

f. In which statement or statements will Fisher Company report the various gains and losses on its holdings of securities available for sale?