ABC Company has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Common Stock ($2 par value). $1100: Additional Paid-in Capital, $3,900; Retained Earnings. $28,000 Total Stockholders' equity. $33,000. ABC Company has the following transactions affecting stockholders' equity in 2021: May 18 Issues 230 additional shares of $2 par value common stock for $15 per share. May 31 Purchases 40 shares of treasury stock for $45 per share. July 1 Declares a cash dividend of $1 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 31 for $56 per share. December 31 Net income for the year ended December 31, 2021, is $700. Required: How many shares of common stock have been issued in total? 780 1330 740 1290 What is the balance of Retained Earnings on December 31, 2021? $27,960 $27410 $27,370 $28,510 $27,410 $27,370 O $28,510 What is the (debit) balance of the Treasury Stock account on December 31, 2021? O $675 $400 $840 O $1,800 What is the balance of Additional Pald-in Capital on December 31, 2021? $7,165 $6,615 $7,075 $4,635 How is the number of outstanding shares on December 31, 2021? 765 1,315 215 1,115