Kinkaid Co. is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations.

General JournalDebitCredita.Cash260,000Common Stock, $25 Par Value225,000Paid-In Capital in Excess of Par Value, Common Stock35,000b.Organization Expenses170,000Common Stock, $25 Par Value126,000Paid-In Capital in Excess of Par Value, Common Stock44,000c.Cash45,000Accounts Receivable18,500Building82,300Notes Payable59,500Common Stock, $25 Par Value56,300Paid-In Capital in Excess of Par Value, Common Stock30,000d.Cash141,000Common Stock, $25 Par Value77,000Paid-In Capital in Excess of Par Value, Common Stock64,000

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 $791,000?