Reporting Stockholders' Equity The following data are from the accounts of Mitar Corporation at December 31, 2020. Retained earnings, beginning balance Common stock, $_par, 80,000 shares authorized, 40,000 shares issued Treasury stock, 800 shares Paid-in capital in excess of par Bonds payable Net income for 2020 (not included in retained earnings above) Dividends declared and paid during 2020 (not included in retained earnings above) $720,000 800,000 16,000 320,000 160,000 152,000 64,000 Required a. Determine the value of the following items. 1. Total retained earnings at end of 2020 $ 2. Par value per share $ 3. Number of shares outstanding 4. Total stockholders' equity 5. Average original selling price per share $ 6. Cost per share of treasury stock O O O O O O $ $ b. Prepare the stockholders' equity section of the balance sheet at December 31, 2020. Stockholders' Equity Section December 31, 2020 Common stock, par value $ 0 authorized shares 0 issued shares O outstanding shares 0 $ 0 Paid-in capital in excess of par 0 Retained earnings 0 Treasury stock 0 Total stockholders' equity $ 0