2. How many shares of common stock are outstanding at year-end? Common stock-$10 par value, 100,000 shares authorized, 40,000 shares issued and outstanding.... $400,000 Paid-in capital in excess of par value, common stock 60,000 Retained earnings... 270,000 Total stockholders' equity $730,000 3. What is the total paid-in capital at year-end? Check (2) 20,000 shares (3) $650,000 During the current year, the following transactions affected its stockholders' equity accounts. Jan. 2 page 450 Problem 11-2A Purchased 4,000 shares of its own stock at $20 cash per share. Cash dividends, treasury stock, and statement of retained earnings Jan. 5 Directors declared a $2 per share cash dividend payable on February 28 to the February 5 stockholders of record. C3 P2 P3 Feb. 28 Kohler Corporation reports the following components of stockholders' equity at December 31 of the prior year. Paid the dividend declared on January 5.