Nilson Company 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. a. Cash. 60,000 Common stock, $1 Par Value.. 1,500 Paid-In Capital in Excess of Par Value, Common Stock... 58,000 b. Organization Expenses.. 20,000 Common stock, $1 Par Value.. 500 Paid-In Capital in Excess of Par Value, Common Stock... 19,500 c. Cash.. 6,650 Accounts Receivable. 4,000 Building.. 12,500 Notes Payable.. 3,150 Common Stock, $1 Par Value.. 400 Paid-In Capital in Excess of Par Value, Common Stock.. 19,600 d. Cash. 30,000 Common Stock, $1 Par Value.. 600 Paid-In Capital Excess of Par Value, Common Stock 29,400 1. Explain the transaction(s) underlying each journal entry (a) through (d). 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 $141,500?