On the first day of the fiscal year, a company issues a $930,000, 8%, 5-year bond that pays semiannual interest of $37,200 ($930,000 x 8% x 1/2), receiving cash of $884,176. Journalize the entry to record the issuance of the bonds. If an amount box does not require an entry, leave it blank. The charter of a corporation provides for the issuance of 134,000 shares of common stock. Assume that 58,000 shares were originally issued and 10,900 were subsequently reacquired. What is the number of shares outstanding? a. 47,100 b. 58,000 c. 10,900 d. 134,000 Kansas Company acquired a building valued at $168,000 for property tax purposes in exchange for 10,000 shares of its $4 par common stock. The stock is widely traded and sold for $20 per share. At what amount should the building be recorded by Kansas Company? a. $160,000 b. $168,000 c. $40,000 d. $200,000