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(3) The shareholders' equity section of Buzytown Industries' balance sheet reports the following 2015 $200,000 S110,000 $900,000 $750,000 2014 Preferred Stock (906, $100 par) Common

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(3) The shareholders' equity section of Buzytown Industries' balance sheet reports the following 2015 $200,000 S110,000 $900,000 $750,000 2014 Preferred Stock (906, $100 par) Common Stock (S10 par, 750,000 shares authorized, 90,000 issued, 5,000 held in treasury) Additional paid-in-capital Preferred Stock Common Stock $150,000S 35,000 $465,000 $298,000 $575,000 $495,000 Retained Earnings Total Shareholders' Equity Required issue price? issue price? What was the average repurchase price? $2,180,000 $1,688,000 a. How many shares of preferred stock were issues during 2015? What was the average b. How many shares of common stock were issues during 2015? What was the average c. Prepare the entry to record the repurchase of the company's own stock during 2015

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