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Current Attempt in Progress For a recent 2-year period, the balance sheet of Blossom Company showed the following stockholders' equity data at December 31
Current Attempt in Progress For a recent 2-year period, the balance sheet of Blossom Company showed the following stockholders' equity data at December 31 (in millions). 2020 2019 Additional paid-in capital $960 $821 Common stock 651 645 Retained earnings 7,160 5,310 Treasury stock 1,755 1,073 Total stockholders' equity $7,016 $5,703 Common stock shares issued 217 215 Common stock shares authorized 500 500 Treasury stock shares 39 29 (a) Answer the following questions. (1) What is the par value of the common stock? (Round par value to 2 decimal places, eg. $3.15.) Par value of common stock $ (2) What is the cost per share of treasury stock at December 31, 2020, and at December 31, 2019? December 31, 2020 December 31, 2019 Cost per share of Treasury stock $ $ (b) Prepare the stockholders' equity section at December 31, 2020. (Enter account name only and do not provide descriptive information.) Blossom Company Balance Sheet (in millions of dollars) (Partial) $
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