ABC Inc. has the following stockholders?? equity on January 1,2023:Common stock, 500,000 shares, $5 par? $2,500,000Paid in capital in excess of par-common? $7,500,000Treasury Stock, 50,000

ABC Inc. has the following stockholdersâ?? equity on January 1,2023:Common stock, 500,000 shares, $5 parâ?¦ $2,500,000Paid in capital in excess of par-commonâ?¦ $7,500,000Treasury Stock, 50,000 sh 2 answers