A new company is conducting its first round of capital raising. it has no other Common Stock Outstanding. 100,000 shares are issued at a Market Price of $50 per share. What is the total Equity Capital Contributed?

a.) the common stock issued in the above question is a PAR VALUE Common Stock because of the requirements of state law. If the PAR VALUE per share is $10 what will be the common stock-par value line item in the equity section?

b.) what will be the balance in common stock- APIC?

c.) one year later the company decides to buy back 10,000 shares at a price of $60 per share for cash. What will be the balance shown in the Treasury Stock account?

d.) after the 10,000 shares are repurchased how many shares remain "outstanding"?

e.) after on more year, two years after its capital raising, the company decides to re-issue 5,000 of the shares it repurchased. if the company reissue them at a price of $70 per share for cash, what will the remaining balance be in Treasury Stock?

f.) regarding the transaction in e, what will be the balance in common stock- APIC Treasury Stock?

g.) one year later, three years after it raised capital, the company decides to reissue all remaining shares held at Treasury Stock. It is able to sell the remaining 5,000 shares at a price of $40 per share. what will be the remaining balance in Treasury Stock after sale?

h.) what will be the remaining balance in Common Stock-APIC Treasury stock after this second reissuance?

i.) what account should be used to record the portion of the deficit from this reissuance that exceeds the available APIC-treasury stock balance?