General Journal	Debit	Credit
a.	Cash	290,000
	Common Stock, $25 Par Value		250,000
	Paid-In Capital in Excess of Par Value, Common Stock		40,000
b.	Organization Expenses	190,000
	Common Stock, $25 Par Value		130,000
	Paid-In Capital in Excess of Par Value, Common Stock		60,000
c.	Cash	44,000
	Accounts Receivable	15,500
	Building	82,500
	Notes Payable		59,700
	Common Stock, $25 Par Value		52,300
	Paid-In Capital in Excess of Par Value, Common Stock		30,000
d.	Cash	148,000
	Common Stock, $25 Par Value		79,000
	Paid-In Capital in Excess of Par Value, Common Stock		69,000

Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the amount of minimum legal capital (based on par value) at year-end? 4. What is the total paid-in capital at year-end? 5. What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $788,000?