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Analysis of Stockholders' Equity The Stockholders' Equity section of the December 31, 2017, balance sheet of Eldon Company appeared as follows: Preferred stock, $30 par

Analysis of Stockholders' Equity

The Stockholders' Equity section of the December 31, 2017, balance sheet of Eldon Company appeared as follows:

Preferred stock, $30 par value, 5,000 shares authorized, ? shares issued $180,000
Common stock, ? par, 10,000 shares authorized, 8,000 shares issued 80,000
Additional paid-in capitalPreferred 9,000
Additional paid-in capitalCommon 720,000
Additional paid-in capitalTreasury stock 2,000
Total contributed capital $991,000
Retained earnings 49,000
Treasury stock, preferred, 100 shares (3,200)
Total stockholders equity $ ?

Required:

Determine the following items based on Eldon's balance sheet. Round all calculations except per-share amounts to the nearest whole number; round per-share amounts to the nearest cent.

1. The number of shares of preferred stock issued - shares

2. The number of shares of preferred stock outstanding - shares

3. The average per-share sales price of the preferred stock when issued $- per share

4. The par value of the common stock $- per share

5. The average per-share sales price of the common stock when issued $- per share

6. The cost of the treasury stock per share $- per share

7. The total stockholders' equity $-

8. The per-share book value of the common stock assuming that there are no dividends in arrears and that the preferred stock can be redeemed at its par value $- per share

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