Balance Sheet (partial) at 12/31 Stockholders' equity: Preferred stock ($100 par) Common stock ($0.50 par) Additional paid in capital Total paid in capital Retained earnings Treasury stock (9,000 common shares) Total stockholders' equity $300,000 62,500 2,443,500 2,806,000 980,000 (198,000) $3,588,000 1. How many shares of preferred stock have been issued? 2a. How many shares of common stock have been issued? 2b. How many of the common shares are outstanding? 3. How much of the Additional paid in capital is from common stock if the common stock shares were issued at $20 per share? $_ 4. If retained earnings at the beginning of the period was $750,000 and $300,000 was earned in net income, what was the amount of dividends declared during the year? $ 5. What was the average cost per share of the treasury stock? $_

Balance Sheet (partial) at 12/31 Stockholders' equity: Preferred stock ($100 par) $300,000 Common stock ($0.50 par) 62,500 Additional paid in capital 2,443,500 Total paid in capital 2,806,000 Retained earnings 980,000 Treasury stock (9,000 common shares) (198,000) Total stockholders' equity $3,588,000 1. How many shares of preferred stock have been issued? 2a. How many shares of common stock have been issued? 2b. How many of the common shares are dutstanding? 3. How much of the Additional paid in capital is from common stock if the common stock shares were issued at $20 per share? $ 4. If retained earnings at the beginning of the period was $750,000 and $300,000 was earned in net income, what was the amount of dividends declared during the year? $ 5. What was the average cost per share of the treasury stock? $