Reporting Stockholders' Equity The following data are from the accounts of Mitar Corporation at December 31, 2020. Retained earnings, beginning balance $2,160,000 Common stock, $_par, 240,000 shares authorized, 120,000 shares issued 2,400,000 Treasury stock, 2,400 shares 48,000 Paid-in capital in excess of par 960,000 Bonds payable 480,000 Net income for 2020 (not included in retained earnings above) 456,000 Dividends declared and paid during 2020 (not included in retained earnings above) 192,000 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 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 issued shares O outstanding shares Paid-in capital in excess of par Retained earnings Treasury stock Total stockholders' equity $ O O O O O $ $ 0 $ 0 0 $ OOO 0 $ 0