The following data are from the accounts of Mitar Corporation at December 31, 2020 ( \(\$\) thousands).

Required

a. Determine the value of the following items.

1. Total retained earnings at end of 2020 

2. Par value per share 

3. Number of shares outstanding.

4. Total stockholders' equity

5. Average original selling price per share 

6. Cost per share of treasury stock

b. Prepare the stockholders' equity section of the balance sheet at December 31, 2020.

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Retained earnings, beginning balance. $ 900 Common stock, $par, 100,000 shares authorized, 50,000 shares issued. 1,000 Treasury stock, 1,000 shares. 20 Paid-in capital in excess of par. 400 Bonds payable 200 Net income for 2020 (not included in retained earnings above).. Dividends declared and paid during 2020 (not included in retained earnings above) 190 80