E10

The following items were shown on the balance sheet of Martin Corporation on December 31, 2021: Stockholders' Equity Paid-In Capital Capital Stock Common stock, $5 par value, 750,000 shares authorized; shares issued and outstanding $3,000,000 Additional paid-in capital In excess of par value Total paid-in capital Retained Earnings Total paid-in capital and retained earnings Less: Treasury stock (20,000 shares) Total stockholders' equity \begin{tabular}{r} 180,000 \\ \hline 3,180,000 \\ 500,000 \\ \hline 3,680,000 \\ 280,000 \\ \hline$3,400,000 \\ \hline \hline \end{tabular} Complete the following statements. (a) The number of shares of common stock issued was shares (b) The number of shares of common stock outstanding was shares (c) The total sales price of the common stock when issued was $ (d) How much did the treasury stock cost per share? $ per share (e) What was the average issue price of the common stock? (Round to 2 decimal places, e.g. 5.25) $ per share