For 7- 10 use the following Best Incorporated Balance Sheet (partial) At December 31, Year 6 Stockholders' Equity: Preferred stock (par $100) Common stock (par $0.01) Additional Paid in capital Total paid in capital Retained earnings Treasury stock (3,000 common shares) Total stockholders' equity $300,000 1,000 1,811,000 2,112,000 565,200 (66,000) $2,611,200 Assume that the company sold 1,000 shares of its treasury stock for $25 per share. 1. How much would additional paid in capital change? $ 8. How much would Stockholders' Equity change? How many shares of Commons stock would be issued after the reissuance? 2$ shares 10. How many shares of Common stock would be outstanding after the reissuance? shares