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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

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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) S2,611.200 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? $ . How much would Stockholders' Equity change? $ . How many shares of Commons stock would be issued after the reissuance? shares 10. How many shares of Common stock would be outstanding after the reissuance? shares

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