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Problem IV -Shares of Stock The corporate charter of Viola Davis Corporation allows the issuance of a maximum of 1,800,000 shares of $6 par value

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Problem IV -Shares of Stock The corporate charter of Viola Davis Corporation allows the issuance of a maximum of 1,800,000 shares of $6 par value common stock. During its first year of operations, Viola issued 500,000 shares of common stock at $14 per share. It later acquired 30,000 of these shares as treasury stock for $18 per share. Instructions: Based on the above information, answer the following questions

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