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4 The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: Contributed Capital Preterred Stock (par $20; authorized

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4 The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts: Contributed Capital Preterred Stock (par $20; authorized 10,000 shares, 7 issued, of which 1,000 shares are held as treasury stock) Additional Paid-In capital, Preferred Common Stock (no-pars authorized 20,000 shares, issued and outstanding 6,600 shares) $116,000 17,690 points 699, 600 36,000 (9,800) Retained Earnings Treasury stock, 1,000 Preferred shares at cost Assume that no shares of treasury stock have been sold in the past Required: Complete the following statements. (Decreases should be indicated by a minus sign. Round per share to 2 decimal places.) References The number of shares of preferred stock issued was 2. The number of shares of preferred stock outstanding was 3. The average issue price of the preferred stock was 4. The average issue price of the common stock was 5. The treasury stock transaction increased (decreased) stockholders equty by 6. The treasury stock cost 7Total stockholders' equity is per share per share

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