QUESTION 12 Supper Company Ltd., reported the following stockholders' equity on its balance sheet at June 30, 2012: Supper Company Ltd. Stockholders' Equity June 30,2012 Paid-in Capital Preferred stock, 10%,? par, 650,000 shares authorized, 280,000 shares issued1,400,000 Common stock, par value $? per share, 5,000,000 shares authorized, 1,000,000 shares issued and outstanding 2,000,000 Paid-in capital in excess of par Total paid-in capital Retained earnings Total Stockholders' equity common 9,400,000 12 $21.700,000 Requirements: 1. What is the par value per share of Supper's preferred stock? (Show Workings) (2 Marks) 2. What is the par value per share of Supper's common stock? (Show Workings) (2 Marks) 3. What is the selling per share for the $6,000,000 reported as paid-in capital in excess of par- common? (Show Workings) (2 Marks) 4. Prepare two (2) summary cash. Explanations are not required. (4 Marks) journal entries to record issuance of all the Supper Company Ltd stock for 16/6