P13-1B - Shareholders' Equity Transactions and Analysis Nilson Company is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its shareholders' equity during its first year of operations. 6,650 4,000 Cash ....... 60,000 Share Capital - Ordinary, $1 Par Value ......... 1,500 Share Premium-Ordinary ............. 58,500 Organization Expenses .. 20,000 Share Capital-Ordinary, $1 Par Value 500 Share Premium-Ordinary ... 19,500 Cash ............................. Accounts Receivable. Building ............... 12,500 Notes Payable ........ 3,150 Share Capital-Ordinary, $1 Par Value 400 Share Premium-Ordinary 19,600 Cash ................ 30,000 Share Capital-Ordinary, $1 Par Value .... 600 Share Premium--Ordinary. 29,400 Required 1. Explain the transaction(s) underlying each journal entry (a) through (d). 2. How many ordinary shares are outstanding at year-end? 3. What is the total share capital (contributed capital) at year-end? 4. What is the book value per share of the ordinary shares at year-end if total share capital plus retained earnings equals $347,500