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 Journal	Debit	Credit
a.	Cash	290,000
	Common Stock, $25 Par Value		240,000
	Paid-In Capital in Excess of Par Value, Common Stock		50,000
b.	Organization Expenses	170,000
	Common Stock, $25 Par Value		129,000
	Paid-In Capital in Excess of Par Value, Common Stock		41,000
c.	Cash	45,500
	Accounts Receivable	19,500
	Building	82,500
	Notes Payable		59,600
	Common Stock, $25 Par Value		57,900
	Paid-In Capital in Excess of Par Value, Common Stock		30,000
d.	Cash	134,000
	Common Stock, $25 Par Value		79,000
	Paid-In Capital in Excess of Par Value, Common Stock		55,000

Required: 2. & 3. How many shares of common stock are outstanding at year-end? What is the total paid-in capital at year-end? 4. What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $792,000?