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At December 31, the records of Kozmetsky Corporation provided the following selected and incomplete data: Common stock (par $2; no changes during the current year).
At December 31, the records of Kozmetsky Corporation provided the following selected and incomplete data: Common stock (par $2; no changes during the current year). Shares authorized, 5,000,000. Shares issued, ? issue price $7 per share. Shares held as treasury stock, 10,200 shares, cost $5 per share. Net income for the current year, $500,080. Common Stock account, $152,000. Dividends declared and paid during the current year, $2 per share. Retained Earnings balance, beginning of year, $820,000. Required: Complete the following: (Round "Earnings per share" to 2 decimal places.) 1-a. Shares issued 1-b. Shares outstanding 2. The balance in Additional Paid in Capital would be 3. Earnings per share is 4. Total dividends paid on common stock during the current ye
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