Lennox Company has been authorized to issue 300,000 shares of $7.00 par value, 5% preferred stock and 10,000,000 share of $1.00 par value commons tock On December 31, 2020, the following accounts were found on the ledger Preferred Stock, non-cumulative Paid-in Capital in Excess of Par-Pref Common Stock Pald-in Capital in Excess of Par-Common Treasury Stock Paid-in Capital from Treasury Stock Retained Earnings $420,000 85,000 1,250,000 2,200,000 59.500 3,900 157000 During the year, several transactions involved stock. Analyze the transactions below and answer the questions SHOW ALL COMPUATIONS a Preferred stock was issued for Equipment having a fair value of $1,340,000 $100,000 cash was given and 62,000 preferred shares were issued for the equipment, what was the implied per share market value of the stock? b 17.000 shares of common stock are in the treasury on December 31, how much was paid to buy back those shares that were bought back in May the only treasury stock purchase that has ever taken place What transactions can increase the court "Paid-in Capital from Treasury Stockt Be Specific d. How many shares of common stock and and outstanding? Click Save and submit to wand mit Click Save All Auto see all answers. Save All Answers During the year, several transactions involved stock Analyze the transactions below and answer the questions SHOW ALL COMPUATIONS a Profmed stock was issued for Equipment having a fair value of $1,340,000. IF $100,000 cash was given and 62,000 preferred shares were issued for the equipment what was the implied per share market value of the stock? 17.000 shares of common stock are in the treasury on December 31, how much was paid to buy back those shares that were bought back in May the only treasury stock purchase that has ever taken place What transactions can increase the account Paid-in Capital from Treasury Stock?" Be Specific. How many shares of Common stock ressured and outstanding? How many that related stock are issued? teclared, what is the mom amount of dividend per preferred share that could be declared this year? Pepin GOOD FOR the stockholders'uty section of Lornox's 2020 balance sheet Click Sand Submit andere All Amers to see all answers