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Kinkald 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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Kinkald 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 280,000 Common Stock: 925 Par Value Paid-In Capital in Excess of Par Value, Common Stock 250.000 30,000 190,000 Organization Expenses Common stock,525 Par Value Paid-In Capital in Excess of Par Value. Common Stock 126.000 64,000 Cash Recounts Receivable building Notes Payable Common stock, 525 Par Value Paid-in Capital in Excess of Par Value, Common Stock 46,000 17,500 82,900 30.000 Common Stock, $25 Par Value Paid-in Capital in Excess of Par Value, Common Stock 78,000 63.000 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 $799,000? Complete this question by entering your answers in the tabs below. Reg 2 to 4 Reas 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? 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 $799,000? Complete this question by entering your answers in the tabs below. Reg 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 $799,000? Book Value per Common Share Choose Denominator: Choose Numerator Book Value per Common Share Book value per common share

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