Exercise 8-9 Common stock balance sheet disclosure LO 1 The balance sheet caption for common stock is the following: Common stock, $3 par value, 2,510,000 shares authorized, 1,030,000 shares issued, 930,000 shares outstanding $ ? Required: a. Calculate the dollar amount that will be presented opposite this caption. b. Calculate the total amount of a cash dividend of $.25 per share. c. What accounts for the difference between issued shares and outstanding shares? Dividend Treasury stock