15.10

Hi I need help with the assignment attached, thanks

For a recent 2-year period, the balance sheet of Sarasota Company showed the following stockholders' equity data at December 31 (in millions). 2017 Additional paid-in capital Common stock Retained earnings Treasury stock Total stockholders' equity Common stock shares issued Common stock shares authorized Treasury stock shares 2016 $ 980 657 7,250 1,672 $ 827 651 5,320 864 $7,215 $5,934 219 500 38 217 500 27 (a) Answer the following questions. (1) What is the par value of the common stock? (Round par value to 2 decimal places, e.g. $3.15.) $ Par value of common stock (2) What is the cost per share of treasury stock at December 31, 2017, and at December 31, 2016? Cost per share of Treasury stock December 31, 2017 December 31, 2016 $ $ (b) Prepare the stockholders' equity section at December 31, 2017. (Enter account name only and do not provide descriptive information.) Sarasota Company Balance Sheet (in millions of dollars) (Partial) $ : $