Changes in stockholders' equity Listed are the equity sections of balance sheets for years 2014 and 2015 as reported by Mountain Air Ski Resorts, Inc. The overall value of stockholders equity has risen from $1,800,000 to $7,100,000. Use the statements to discover how and why this happened. The company paid total dividends of $180.000 during fiscal 2015. a. What was Mountain Airs net income for fiscal 2015? b. How many new shares did the corporation issue and sell during the year? c. At what average price per share did the new stock sold during 2015 sell? d. At what price per share did Mountain Air's original 450,000 shares sell? Data Table a. Mountain Air's net income for fiscal 2015 is S 780000(Round to the nearest dollar.) b. The number of new shares issued is 750000 shares. (Round to the nearest integen) c. The price per share of the new stock sold during 2015 is Round to the nearest cent) d. The original price of the shares was (Round to the nearest cent) Click on the icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet) Mountain Air Ski Resorts, Inc Balance Sheets (partial) Stockholders' Equity Common stock ($1.00 par) 2014 2015 Authorized-5.100.000 shares Outstanding-1,200,000 shares 2015 Outstanding-450,000 shares 2014 $1,200,000 Paid-in capital in excess of par Retained earnings Total stockholders' equity 4,500,000 1400,000 51,800,000 $7,100,000 $450.000 550,000 800,000 Print Done