edugen. willeyplus.com/edugen/student/mainfr.un Kimmel, Accounting, 6e PRIN. OF ACCT Gradebook |ORION Downloadable eTextbook ment Exercise 226 tems were shown on the balance sheet of Martin Corporation on December 31, 2017: 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 180,000 3,180,000 500,000 Total paid in capital Retained Earnings Total paid-in capital and retained eanings Lesi Treasury stock (20,000 shares) 280,000 $3,400,000 Total stockholiders equity Complete the following statements (a) The number of shares of common stock issued was (b) The number of shares of common stock outstanding was (c) The total sales price of the common stock when issued was d How much did the treasury stock cost per share? 5 8 9 s l/edugen.wi PRIN. OF ACCT 1A1I (ACK Kimmel, Accounting, 6e ignment common stOCK 33 par varue, 00 authorized, shares issued and outstanding $3,000,000 Additional paid-in capital 180,000 3,180,000 500,000 3,680,000 280,000 3,400,000 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 Complete the following statements. (a) The number of shares of common stock issued was (b) The number of shares of eommon stock outstanding was (c) The total sales price of the common stock when (d) How much did the treasury stock cost per share (e) What was the average issue price of the common stock? (Round to 2 decimal places, e.g. 5.25) per share Question Attempts:O of i used SAE FOR LATER BU 8 5