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

	General Journal	Debit	Credit
a.	Cash	280,000
	Common Stock, $25 Par Value		240,000
	Paid-In Capital in Excess of Par Value, Common Stock		40,000
b.	Organization Expenses	160,000
	Common Stock, $25 Par Value		128,000
	Paid-In Capital in Excess of Par Value, Common Stock		32,000
c.	Cash	45,000
	Accounts Receivable	19,000
	Building	82,700
	Notes Payable		59,600
	Common Stock, $25 Par Value		57,100
	Paid-In Capital in Excess of Par Value, Common Stock		30,000
d.	Cash	123,000
	Common Stock, $25 Par Value		80,000
	Paid-In Capital in Excess of Par Value, Common Stock		43,000

Required: 2. How many shares of common stock are outstanding at year-end? 3. 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 $795,000?