Century, Inc., recorded certain capital stock transactions shown in the following journal entries: (1) issued common stock for $20 cash per share, (2) purchased treasury shares at $25 per share, and (3) sold some of the treasury shares: 1 Cash 2,750,000 Common stock 412,500 Paid-in capital in excess of par value 2,337,500 2 Treasury stock 550,000 Cash 550,000 3 Cash 445,500 Treasury stock 412,500 Paid-in capital from treasury stock 33,000 a. How many shares were originally issued?

Stock Issuance and Treasury Stock a. How many shares were originally issued? x shares b. What was the par value of the shares issued? - per share c. How many shares of treasury stock were acquired? \& shares d. How many shares of treasury stock were sold? shares e. At what price per share was the treasury stock sold? x per share