At December 31, the records of Nortech Corporation provided the following selected and incomplete data:

Common stock (par $1; no changes during the current year).

Shares authorized, 500,000.

Shares issued, ?; issue price $27 per share.

Common Stock account, $250,000.

Shares held as treasury stock, 3,500 shares, cost $25 per share.

Net income for the current year, $246,500.

Dividends declared and paid during the current year, $73,950.

Retained Earnings balance, beginning of the year, $160,000.

Required:

Complete the following: TIP: To determine the number of shares issued, divide the balance in the Common Stock account by the par value per share. (Round "per share" answers to 2 decimal places.)

At December 31, the records of Nortech Corporation provided the following selected and incomplete data Common stock par $1; no changes during the current year Shares authorized, 500, 000. Shares issued, issue price $27 per share Common Stock account, $250, 000. Shares held as treasury stock, 3, 500 shares, cost $25 per share Net income for the current year, $246, 500 Dividends declared and paid during the current year, $73, 950. Retained Eamings balance, begiming of the year, $160, 000. Required Complete the following: TIP: To determine the number of shares issued, divide the balance in the Common Stock account by the par value per share. (Round "per share" answers to 2 decimal places.) Shares Authorized Shares Issued 1-c. Shares Outstanding 2. The Balance in Additional Paid-in Capital would be 3. Earnings per Share is 4. Dividends Paid per Share of Common Stock i 5Treasury Stock should be Reported in the Stockholders' Equity Section of the Balance Sheet in the Amount of Assume that the Board of Directors Approved a 2-for-1 Stock Split. After the Stock Split the Par Value per Share will be