1. On November 7, our company declared a $1.00 per share cash dividend on 50,000 shares of $3 par value common stock outstanding to be paid on December 10 to stockholders of record as of November 30.

The dollar amount of the dividend is?

2. On July 28, our company issues 1,000 shares of $5 par value common stock in exchange for $60,000 cash and $20,000 of equipment.

You are preparing the journal entry. The dollar amount for Paid-in-Capital, in Excess of Par Value, common stock account is?

3. Our company has no Treasury Stock. On January 25, we purchased 5,000 shares of treasury stock (our own stock) for $30 a share. The journal entry was made.

On July 6, we sell 1,000 shares of treasury stock for $50 a share.

The dollar amount for Treasury Stock, common account is?