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ARC Company has the following beginning balances in its stockholders equity accounts on January 1 2021: Common Stock ($2 par le), $800. Additional Paldin Capital
ARC Company has the following beginning balances in its stockholders equity accounts on January 1 2021: Common Stock ($2 par le), $800. Additional Paldin Capital $3.900Retained Earnings. $25.000 Total Stockholders' equity, $29,700. ABC Company has the following transactions affecting stockholders equity in 2021 May 18 issues 148 addition shares of $2 bar value common stock for 325 per share May 31 Purchases sa shares of treasury stock for a per share. July declares a cash dividend of per Share to all stockholders of record, Daly 1s. Hint Dividends are not paid on tasury Stock July 31 Pays the cash dividend declared on Juli August 10 Resells 25 shares of treasury stock purchased on May or 351 per share. December 31 Net income for the year ended December 31, 2021 19 $900. Required: How many shares of common stock have been issued in total 0540 940 0.490 O 890 What is the balance of Retained Earnings on December 31, 20272 $24430 $23,230 $23,080 O $25,630 What is the (debit) balance of the Treasury Stock account on December 31, 2027 O $875 O $475 O $1.275 O $1750 What is the balance of Additional Paid-in Capital on December 31, 2027 O $7.520 $6.720 $7.000 O $4.580 How is the number of outstanding shares on December 31, 2021? 515 915 115 825
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