Common stock $5 par 60000 shared issued

6. The Torre Company has the following stockholders' equity account balances in stockholders equity on December 31 Common Stock S' par, 60,000 shared issued Paid-In Capital in Excess Of ParCommon Stock preferred stock S 100 par, 5,000 shares issued Paid-In Capital in Excess of Parpreferred Retained Earnings Treasury Stock (cost SI 2 per share) Answer the following questions: I . How many shares of treasury are owned? 600.000 500,000 100.000 20aooo 2. What was the average market price per share at which common stock was issued? 3. What was the market price per share at which preferred stock was issued? 4. What is the total value of the capital supplied by investors? 5 _ What is the total value of Stockholders' equity? 6. How tnany shares of common Stock arc outstanding? _ If net for the Was a preferred stock dividend Of Was paid. "hat Was the beginning value Of ?