Assume that the stockholders' equity section on the balance sheet of Mangum's, a popular department store, is shown below. During the year, the company reported net income of $241095,000 and declared and paid dividends of $11,907,000. Current Year Last Year $ $ 1,166,000 Reg 1 Req 2 Reg 3 Reg 4 and 5 Reg 6 Stockholders Kquity: Connon stock, Claas A-116, 750,308 and -, 116,615,495 shares issued; ? and ? shares outstanding Common stock, Class B (convertible)- 4,170,929 shares issued and catstanding Additional pald-in capital Retained earnings Less treasury stock, at cost, Class 47,206,748 and 45,900,143 shares 1,168,000 42,000 761,055,000 2,527, 727,000 42,000 781,087,000 ? How many shares of Class A Common Stock were outstanding at the end of last year and the end of the current year? Last year Current year 42,891,581,000 (943,360,0001 Number of shares Required: 1. What is the par value of Magnum's Class A common stock? 2. How many shares of Class A Common Stock were outstanding at the end of last year and the end of the current year? 3. What amount was reported in the Retained Earnings account at the end of last year? 4. How is the dollar amount in the treasury stock account at the end of the current year reflected on the asset side of the balance sheet? 5. During the current year, by what amount did treasury stock transactions increase or decrease stockholders equity? 6. At the end of the current year, what was the average price paid per share for shares held in treasury stock? Reg 1 Reg 2 Reg 3 Reg 4 and 5 Reg 6 What amount was reported in the Retained Earnings account at the end of last year? Relained earnings Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req3 Req 4 and 5 Reg 6 What is the par value of Magnum's Class A common stock? (Round your answer to 2 decimal places) Par value of common slock Reg 1 Reg 2 Req3 Reg 4 and 5 Reg 6 Reg 1 Reg 2 Reg 3 Reg 4 and 5 Req6 4. How is the dollar amount in the treasury stock account at the end of the current year reflected on the asset side of the balance sheet? 5. During the current year, by what amount did treasury stock transactions increase or decrease stockholders' equity? At the end of the current year, what was the average price paid per share for shares held in treasury stock? ? answer to 2 decimal places.) Average price paid per share Treasury stock account