Question 2 30 pts The following items were shown on the balance sheet of James Corporation on December 31, 2019: Stockholders' equity Paid-in capital Capital Stock Preferred stock 10,000 shares authorized, cumulative, issued. Common stock, $5 par value, 400,000 shares authorized shares issued and outstanding $1,850.000 Additional paid-in capital In excess of par.C/S. 165.000 Total paid-in capital 2,015.000 Retained earnings 750,000 Total paid-in capital and retained earnings 2,765,000 Less: Treasury stock (18,000 shares) 180.000 Total stockholders' equity $2.585.000 Instructions Complete the following statements and show your computations. (a) The number of shares of common stock issued was (b) The number of shares of common stock outstanding was to the sales price of the common stock when issued was $ (d) The cost per share of the treasury stock was $ (e) The average issue price of the common stock was $ (f) Assuming that 25% of the treasury stock is sold at $20 per share the balance in the Treasury Stock account would be HTML Editor B IVA-A-I 5 - P220 12p! XX HEE Paragraph