5. Stockholders Equity (9pts): Planet Express, Inc. reported the following information in the equity section of their balance sheet at December 31, 2017:

Stockholders Equity:
Common stock, $0.25 par (1,000,000 shares authorized; 80,000 shares issued and outstanding)	$20,000
Additional paid-in capital	$1,043,505
Retained earnings	$127,032
Total equity:	$1,190,537

During 2018, Planet Express completed these transactions that affected stockholders equity:

Date:	Transaction:
2/28	Issued 9,000 shares of Common Stock for $16 per share.
4/19	Declared a cash dividend of $0.15 per common share, payable to all stockholders of record on May 13th, 2018.
6/10	Paid the cash dividend.
6/30	Reacquired 3,400 shares of Common Stock as Treasury Stock, paying $17 per share.
11/16	Issued 5,600 shares of Common Stock for $19 per share.

PART A (0.5pts): Calculate the number of shares of Common Stock that would be outstanding as of the Date of Record, May 13^th, 2018. Show all calculations.

PART B (0.5pts): Calculate the number of shares of Common Stock that would be outstanding as of December 31, 2018. Show all calculations.

PART C (4pts): Record all the journal entries for Planet Expresss transactions listed above. Make sure to use proper formatting, include the date of each transaction, and a brief description of each.

PART D (4pts): Taking into account all of the information and all of the transactions above, prepare:

1. 3pts - The Statement of Stockholders Equity for Planet Express for the period ended December 31, 2018. Assume net income for 2018 was $81,930.
2. 1pt - The equity section of the Balance Sheet for Planet Express as of December 31, 2018.