Analysis of Stockholders' Equity The Stockholders' Equity section of the December 31, 2017, balance sheet of Eldon Company appeared as follows: $120,000 Preferred stock, $30 par value, 5,000 shares authorized,? shares issued Common stock, ? par, 10,000 shares authorized, 7,000 shares issued Additional paid-in capital-Preferred Additional paid-in capital-Common Additional paid-in capital ---Treasury stock Total contributed capital Retained earnings Treasury stock, preferred, 100 shares Total stockholders' equity 70,000 7,200 490,000 1,800 $689,000 44,000 (3,100) $ ? 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 4,000 shares 2. The number of shares of preferred stock outstanding 3,900 shares 2. The number of shares of preferred stock outstanding 3,900 shares 3. The average per-share sales price of the preferred stock when issued $ Xper share 4. The par value of the common stock 10 per share $ 5. The average per-share sales price of the common stock when issued $ X per share 6. The cost of the treasury stock per share $ X 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 Feedback