Problem 13-1A (Algo) Stockholders' equity transactions and analysis LO P1 Kinkaid Company was incorporated at the beginning of this year and had a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations. Transaction General Journal Debit Credit a. Cash 300,000 Common Stock, $25 Par Value 240,000 b. Paid-In Capital in Excess of Par Value, Common Stock Organization Expenses 60,000 160,000 Common Stock, $25 Par Value 126,000 Paid-In Capital in Excess of Par Value, Common Stock 34,000 c. Cash 44,500 Accounts Receivable 16,500 Building 82,400 Notes Payable 59,700 Common Stock, $25 Par Value 53,700 Paid-In Capital in Excess of Par Value, Common Stock 30,000 d. Cash 149,000 Common Stock, $25 Par Value 78,000 Paid-In Capital in Excess of Par Value, Common Stock 71,000 Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the total paid-in capital at year-end? Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the total paid-in capital at year-end? 2. Number of outstanding shares 3. Total paid-in capital