hipe Software had the following telected account balances at December 31, 2018 (all number and arounts are in thousands, except par value per share Cack the icon to view the account balances.) Read the requirements Requirement 1. Prepare the stockholders' equity section of Beluga Software's balance sheet (in thousands). (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet. Enter all amounts as they are shown in the data table. Enter dollar amounts, except for per value and number of shares, in thousands. Use parentheses or a minus sign for numbers to be subtracted.) Balance Sheet (Partial) Stockholders' Equity (1) $ par shares shares (2) (4) shares (3) and 15) Total pald-in capital (5) () (8) Total stockholders' equity Requirement 2. How can Beluga have a larger balance of treasury stock than the sum of Common Stock and Paid-in Capital in Excess of Par? OA. The market price per share of Beluga's stock has gone down since the stock was initially sold. B. Beluga paid a higher price to acquire treasury slock than the price Beluga received when it issued its stock OC. The balance of the treasury account will always exceed the sum of the common stock and paid in capital in excess of par accounts. Otherwise, companies would never purchase treasury shares OD. Beluga paid a lower price to acquire treasury stock than the price Beluga received when it issued its stock 4. Data Table $ +++ $ 540 Inventory Property, plant and equipment, net Paid-in capital in excess of par Treasury stock. 160 shares at cost Accumulated other compreensive.incon (loss). Dobit balance 654 Common stock, $150 par per sharo. 900 1,100 shares authorized 901 360 shares issued Retained earnings 2.560 Accounts receivable, not (727) Notes payable 2.220 200 1.274 5. Requirements 1. Prepare the stockholders' equity section of Beluga Software's balance sheet in thousands) 2. How can Beluga have a larger balance of treasury stock than the sum of Common Stock and Paid-in Capital in Excess of Par? Hiperprod ponsorong.com/approccounting 4/13