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ABC Company has the following beginning balances in its stockholders equity accounts on January 1, 2021. Common Stock ($2 par value). $900; Additional Paid-in Capital.

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ABC Company has the following beginning balances in its stockholders equity accounts on January 1, 2021. Common Stock ($2 par value). $900; Additional Paid-in Capital. $4.000, Retained Earnings. $27.000 Total Stockholders equity, 531900. ABC Company has the following transactions affecting stockholders equity in 2021 May 18 Issues 238 additional shares of $2 par value common stock for $15 per share May 31 Purchases be shares of treasury stock for $40 per share. July 1 Declares a cash dividend of 33 per share to ali stockholders of record on July 15. NintDividends are not paid on treasury stocki July 31 Pays the cash dividend declared on July 1 August 10 Resells 25 shares of treasury stock purchased on May 21 for $50 per share December 31 Net income for the year ended December 31, 2021, is $1,000 Required: How many shares of common stock have been issued in total? 680 O 1130 O 620 1070 What is the balance of Retained Earnings on December 31, 2021? O $26.140 $24.790 $24,610 O $27,490 What is the (debit) balance of the Treasury Stock account on December 31, 20272 $1,400 O $1150 $1750 O $2.400 What is the balance of Additional Paid-in Capital on December 31, 20212 O 57.240 $6,740 O $7.200 $4710 How is the number of outstanding shares on December 31, 20212 064 O 1.095 195 935

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