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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

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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. Credit Debit 290,000 a. General Journal Cash Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 240,000 50,000 b. 170,000 Organization Expenses Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 127,000 43,000 BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB c. Cash Accounts Receivable Building Notes Payable Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 43,500 16,000 81,500 59,900 51,100 30,000 d. 145,000 Cash Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 77,000 68,000 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 $798,000? Complete this question by entering your answers in the tabs below. Req 2 to 4 Req 5 How many shares of common stock are outstanding at year-end? What is the amount of minimum legal capital (based on par value) at year-end? What is the total paid-in capital at year-end? 2. Number of outstanding shares 3. Minimum legal capital Total paid-in capital 4. Complete this question by entering your answers in the tabs below. Req 2 to 4 Req 5 What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $798,000? Book Value per Common Share Choose Denominator: Choose Numerator: Book Value per Common Share Book value per common share

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