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Exercise 226 The folowing hems were shown on the balance sheet of Martin Corporation on December 31, 2017 Stockholders' Equity Pald In Capital Capital Stock

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Exercise 226 The folowing hems were shown on the balance sheet of Martin Corporation on December 31, 2017 Stockholders' Equity Pald In Capital Capital Stock Common stock, $5 par value, 750,000 shares shares issued andoutsanding $3,000,000 Additional paid-in capital In excess of par value 180,000 3,180,000 otal paid in capital Retained Earnings Total paid-in capital and retained eamings 3,680,000 280,000 $3,400,000 Less: Treasury stock (20,000 shares) Total stockholders equity Complete the following statements (a) The mumber of shares of common stock issued was (b) The number of shares of common stock outstanding was teTho total sales price of the common stock when issued was (d) How much did the treasury stock cost per share? (e) What was the average issue price of the common stock? (ound to 2 decimal places Click if you would like to Show Work for this question Qen Show.ark Question Attempts: 0 of 3 used AVE 5 6 8 CBN

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