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Question 21 The following data has been collected about a company's stockholders' equity accounts: Common stock $10 par value 20,000 shares $100,000 authorized and 10,000

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Question 21 The following data has been collected about a company's stockholders' equity accounts: Common stock $10 par value 20,000 shares $100,000 authorized and 10,000 shares issued... Contributed capital in excess of par value, common stock.......... 50,000 25,000 Retained earnings. Treasury stock, 11,000 shares.. 11,500 The treasury shares were all purchased at the same price. The cost per treasury share is? $1.05. $1.28. $11.50 $10.50

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