Problem 11-1A Stockholders' equity transactions and analysis LO C2, P1 Kinkaid 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 a. Cash Debit 300,000 Credit Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 235,000 65,000 b. Organization Expenses 150,000 Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 127,000 23,000 C. Cash 44,500 Accounts Receivable 16,000 Building 82,900 Notes Payable 60,000 Common Stock, $25 Par Value 53,400 Paid-In Capital in Excess of Par Value, Common Stock 30,000 d. Cash 133,000 Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 78,000 55,000 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 $793 000