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Exercise 233 The following items were shown on the balance sheet of Sheffield Corp. on December 31, 2020: Stockholders' Equity Pald-in Capital Capital Stock Common
Exercise 233 The following items were shown on the balance sheet of Sheffield Corp. on December 31, 2020: Stockholders' Equity Pald-in Capital Capital Stock Common stock, $5 par value, 800,000 shares authorized; shares issued and outstanding $3,200,000 Additional paid-in capital In excess of par value 172,800 Total paid in capital 3,372,800 Retained Earings 600,000 Total paid-in capital and retained earnings 3,972,800 Less: Treasury stock (28,000 shares) 280,000 Total stockholders' equity $3,692,800 Complete the following statements. () 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 (a) How much did the treasury stock cost per share? ( ) What was the average issue price of the common stock (Hound to 2 decimal places, o.p. 5.25) shares shares $ $ per share $ per share Click if you would like to show Work for this questioni Qen Show. Work
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