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Diva, Inc. recorded the following capital stock transactions: Balance Sheet Assets - Liabilities - Stockholders' Equity Common Stock 1,529,500 161,000 (23,100) 18,720 PIC in Excess

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Diva, Inc. recorded the following capital stock transactions: Balance Sheet Assets - Liabilities - Stockholders' Equity Common Stock 1,529,500 161,000 (23,100) 18,720 PIC in Excess of Common Stock 1,368,500 Treasury Stock PIC from + Treasury Stock () (2) (3) (23,100) 15,840 2,880 Use the following additional information about the above transactions when answering questions a through e, (1) issued common stock for $38 cash per share (2) purchased treasury shares at $44 per share. (3) sold some of the treasury shares: a. How many shares were originally issued? O b. What was the par value of the shares issued? $ 0 c. How many shares of treasury stock were acquired? O d. How many shares of treasury stock were sold? 0 e. At what price per share was the treasury stock sold? $ 0 Diva, Inc. recorded the following capital stock transactions: Balance Sheet Assets - Liabilities - Stockholders' Equity Common Stock 1,529,500 161,000 (23,100) 18,720 PIC in Excess of Common Stock 1,368,500 Treasury Stock PIC from + Treasury Stock () (2) (3) (23,100) 15,840 2,880 Use the following additional information about the above transactions when answering questions a through e, (1) issued common stock for $38 cash per share (2) purchased treasury shares at $44 per share. (3) sold some of the treasury shares: a. How many shares were originally issued? O b. What was the par value of the shares issued? $ 0 c. How many shares of treasury stock were acquired? O d. How many shares of treasury stock were sold? 0 e. At what price per share was the treasury stock sold? $ 0

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