Average Stock Price, Average Cost of Treasury Stock, Dividends Stockholders' Equity Common stock, $4.00 par value, 2,900,000 shares authorized, 800,000 shares issued, and 675,000 shares outstanding Additional Paid-In Capital Retained earnings s 3200,000 S 3,000,000 750,000 6,950,000 812,500 6,137500 Less: Treasury Stock Total Stockholders' Equity $ at average price per share did the company sell its stock2 What average price per share did the company buy back its stock? If a $0.45 dividend was dedared, what amount of cash would be needed to pay the 1. Wh 2. 3. dividend2 if the current market price of the stock is $5.50 per share, what amount of cash could be raised if all available shares are sold2 4