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D Question 22 A The shareholders' equity section of Nakoma Inc. provides information as follows: Stockholders' equity Common stock, $1 par, 1.750,000 shares authorized,
D Question 22 A The shareholders' equity section of Nakoma Inc. provides information as follows: Stockholders' equity Common stock, $1 par, 1.750,000 shares authorized, 500,000 shares issued, $500,000 490,000 shares outstanding Paid-in capital in excess of par-Common stock 480,000 Retained earnings 360,000 48,000 (55,000) Accumulated other comprehensive income Less: Treasury stock, 10,000 shares at cost Total equity attributable to Nakoma Inc. stockholders Equity attributable to noncontrolling interests Total stockholders' equity During 2020, Nakoma Inc. has the following transactions: On March 30, 2020, reacquired and retired 1,000 shares of common stock at $13.50 per share. On September 20, 2020, sold 2,800 treasury shares at $21 per share. On November 25, 2020, declared and issued a 10% stock dividend. On December 15, 2020, retired 4,000 treasury shares. Required: Given the transactions above, on December 31, 2020. 1. The number of authorized shares is 2. The number of issued shares is 3. The number of outstanding shares is 4. The number of treasury shares is Previous shares. shares. shares. shares. $1,333,000 5,000 $1,338,000 Next 8 pts
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