Contributed Capital: Preferred Stock $50 par, 2000 shares issued and outstanding Common Stock $5 par, 60,000 shares authorized, 40,000 shares issued 36,000 shares are outstanding. Additional Paid in Capital - Common Stock Total Contributed Capital Retained Earnings Total Contributed Capital & Retained Earnings Less: Treasury Stock Total Stockholders Equity 1. What was the common stock sale price per share if the par value is $5.00 ? 2. How many shares of Treasury stock was purchased by Bombay and at what value is it recorded? 3. What is Retained Earnings? 4. How may shares of preferred stock was issued and still outstanding? 5. Which account on the statement of stockholders equity would be altered by the payment of a cash dividend? 6. Why doesn't Preferred Stock have "Additional Paid in Capital - Preferred Stock"? $ 200,000 $ 100,000 $ 100,000 $ 300,000 $ 400,000 $ 120,000 $ 520,000 $ 40,000 $ 480,000