1a.

On January 2, 2016, Alpha Corporation's initial capital stock transaction consisted of an issuance of 2,500 shares of $8 par value common stock, for $50 per share. On June 30, 2017 another 10,000 shares were authorized to be issued. Use this information to determine for the June 30, 2017 dollar value balances for:

1. Common Stock

2. Additional Paid in Capital in excess of par Common Stock

1b.

During all of fiscal year 2017, Alpha Corporation had outstanding 100,000 shares of $10 par common stock and 5,000 shares of noncumulative, $100 par value, 7% preferred stock. For 2017, Alpha Corporation had $230,000 income from continuing operations and $575,000 loss on discontinued operations; dividends were paid only to preferred shareholders. Use this information to determine how much Alpha Corporation should report for 2017 basic earnings per share for net income (loss). If it is a loss EPS then present the value in brackets.

1c.

On January 1, 2017, Alpha Corporation had 50,000 shares of $10 par value common stock outstanding. On July 1, 2017, Alpha issued 50,000 additional shares on July 1, 2017. There is no class of preferred stock. At December 31, 2017, total stockholders equity was $4,250,000. Use this information to determine the book value per share as of end of the FY 2017: (Round your answer to the nearest penny.)