11-1A Stockholders' equity transactions and analysis LO P1, A4 Kinkaid Co. was incorporated at the beginning of this year and had a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations. General Journal a. Cash Debit 270,000 Credit Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 230,000 40,000 b. Organization Expenses 160,000 Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 126,000 34,000 C. Cash 44,500 Accounts Receivable 17,500 Building 81,600 Notes Payable 59,800 Common Stock, $25 Par Value 53,800 Paid-In Capital in Excess of Par Value, Common Stock 30,000 d. Cash 147,000 Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 80,000 67,000 Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the total paid-in capital at year-end? 4. What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $798,000? Req 2 and 3 Req 4 How many shares of common stock are outstanding at year-end? What is the total paid-in capital at year-end? 2. Number of outstanding shares 3. Total paid-in capital $ 19,592 489,800 x