Check my w Co. is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations. General Journal Debit 300, 000 Credit a. Cash Common Stock, $25 Par Value Paid-in Capital in Excess of Par Value, common Stock 250,000 50, 000 b. Organization Expenses 150,000 Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 125,000 25,000 C. Cash Accounts Receivable Building 43,000 15,000 81,500 Notes Payable Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Conmon stock 59,500 50, 000 30, 000 d. Cash 120, 000 Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 75,000 45,000 Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the amount of minimum legal capital (based on par value) at year-end? 4. What is the total paid-in capital at year-end? 5. What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $695,000? Prev 1 of 3lI Next> to search 11:48 A 4/24/20