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Common Stock, $30 par, 20,000 shares issued and outstanding $ 600,000 Additional Paid-in Capital -- Common Stock 240,000 Retained Earnings 700.000 Total Stockholders' Equity $1,540,000
Common Stock, $30 par, 20,000 shares issued and outstanding $ 600,000 Additional Paid-in Capital -- Common Stock 240,000 Retained Earnings 700.000 Total Stockholders' Equity $1,540,000 Assume that all of the 20,000 shares of Bernie's stock that was issued as of December 31, 2009, was issued for $42 per share. On March 1, 2010, Bernie reacquired 4,000 shares of its common stock for $50 per share. Question 30 (3 points) Refer to the information presented above for Bernie's Deli, Inc. How much should be reported on Bernie's March 31, 2010, balance sheet for treasury stock? $ 32,000 $128,000 $168,000 $200,000
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