6 The following correctly prepared entries without explanations pertain to Corners Corporation. Event Number Account Title 4 1. Cash points Common stock Paid-in capital in excess of par value 2. Treasury stock eBook Ack Print References Cash Cash Treasury stock Paid-in capital in excess of cost of treasury stock View previous attempt Ch Debit 1,080,000 Credit 600,000 480,000 24,800 24,800 23,000 20,000 3,000 The original sale (Entry 1) was for 540,000 shares, and the treasury stock was acquired for $4 per share (Entry 2). Required a. What was the sales price per share of the original stock issue? b. How many shares of stock did the corporation acquire in Entry 2? c. How many shares were reissued in Entry 3? d. How many shares are outstanding immediately following Entries 2 and 3, respectively? 4 6 points d. How many shares are outstanding immediately following Entries 2 and 3, respectively? Complete this question by entering your answers in the tabs below. Req A Req B to C Req D View previous attempt eBook Ask Print References What was the sales price per share of the original stock issue? (Round your answer to 2 decimal places.) Sales price $ 9.00 per share 4 points d. How many shares are outstanding immediately following Entries 2 and 3, respectively? Complete this question by entering your answers in the tabs below. Req A Req B to C Req D eBook Ask b. How many shares of stock did the corporation acquire in Entry 2? c. How many shares were reissued in Entry 3? Print b. Corporation acquired shares References C. Shares reissued shares < Req A Req D > 4 points eBook Ask d. How many shares are outstanding immediately following Entries 2 and 3, respectively? Complete this question by entering your answers in the tabs below. Req A Req B to C Req D Print. Entry 2 How many shares are outstanding immediately following Entries 2 and 3, respectively? Outstanding Shares References Entry 3