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ABC Company has the following beginning balances in its stockholders' equity accounts on January 1, 2021 Common Stock (52 par value) $900, Additional Paid in

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ABC Company has the following beginning balances in its stockholders' equity accounts on January 1, 2021 Common Stock (52 par value) $900, Additional Paid in Capital, $4.000: Retained Earnings. $27,000. Totol Stockholders' equity, $31,900 ABC Company has the following transactions affecting stockholders' equity in 2021 May 18 Issues 20 additional shares of 32 par valve common stock for $15 per share. May 31 Purchases 60 shares of treasury stock for $40 per share. July 1 Declares cash dividend of 33 per share to all stockholders of record on July 15. Hint Dividends are not paid on treasury stock. July 31 Pays the cash dividend declared on July 1, August 10 Resells 25 shares of treasury stock purchased on May 11 for $50 per share December 11 Net Income for the year ended December 31, 2021, 15 $1,000 Required: How many shares of common stock have been issued in totar? O 680 0 1130 0620 1070 What is the balance of Retained Earnings on December 31, 20217 O $26.140 $24.790 O $24.610 $27.490 What is the debit) balance of the Treasury Stock account on December 31, 2021? O $1,400 O $150 $1750 O $2.400 What is the balance of Additional Paid in Capital on December 31, 20217 O 57.240 O $6740 57.200 O $4710 How is the number of outstanding shares on December 31, 2021 O 645 O 1095 195 935

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