1. One thousand shares of $10 par capital stock issued for $15 per share will be presented on the balance sheet as

1. common stock subscribed of $15,000.
2. paid-in capital of $15,000.
3. common stock of $15,000.
4. common stock of $10,000 and additional paid-in capital of $5,000.

2. Which of the following disclosures regarding stock is not required to be reported on the balance sheet or in the notes to the financial statements?

1. the par value and the number of shares authorized, issued, and outstanding.
2. preferred stock characteristics, including dividend rate.
3. any dividends in arrears.
4. a list of names of stockholders.