Return to question De Zurik Corp. had the following stockholders' equity section in its June 30, 2020, balance sheet (in thousands, except share and per share amounts): June 30 (in thousands) 2020 2019 $ 6,840 Paid-in capital: $5.30 Preferred stock, $ ? par value, cumulative, 200,000 shares authorized, 90,000 shares issued and outstanding Common stock, $5 par value, 4,000,000 shares authorized, 3,360,000 shares issued, 3,000,000 shares outstanding Additional paid-in capital on common stock Retained earnings Less: Treasury common stock, at cost, ? shares Total stockholders' equity 26,208 $ 70,962 $ 63,943 The transactions affecting the stockholders' equity accounts of DeZurik Corp. for the year ended June 30, 2020, are summarized here: 1.400,000 shares of common stock were issued at $14.70 per share. 2. 80,000 shares of treasury (common) stock were sold for $18.8 per share. 3. Net income for the year was $1,360 (in thousands). 4. The fiscal 2020 preferred dividends were paid in full. Assume that all 90,000 shares were outstanding throughout the year ended June 30, 2020. Prev 4 of 9 Next > 4. The fiscal 2020 preferred dividends were paid in full. Assume that all 90,000 shares were outstanding throughout the year ended June 30, 2020. 5. A cash dividend of $0.10 per share was declared and paid to common stockholders. Assume that transactions (1) and (2) occurred before the dividend was declared. 6. The preferred stock was split 2 for 1 on June 30, 2020. (Note: This transaction had no effect on transaction 4.) Required: a-1. Record the effect of transactions 1-6 in journal entry format. a-2. Calculate the dollar amounts that DeZurik Corp. would report for each stockholders' equity caption on its June 30, 2020, balance sheet, after recording the effects of transactions 1-6. Also the treasury stock was purchased at $18.8. b. Indicate how the stockholders' equity caption details for DeZurik Corp. would change for the June 30, 2020, balance sheet, as compared to the disclosures for the 2019 balance sheet. c. What was the average issue price of common stock shown on the June 30, 2020, balance sheet? X Answer is not complete. Complete this question by entering your answers in the tabs below. 5,880,000 1 1 Cash Common stock 2,000,000 3.880,000 Additional paid-in capital > 2 2 1,504,000 Cash 1,504,000 Treasury stock 3 3 1,360,000 Income summary Retained earnings 1,360,000 4 4 X Preferred stock 477,000 477,000 Cash 5 5 X Common stock Cash 6 > No journal entry required 6 Required A1 Required A2 Required B Required C Calculate the dollar amounts that Dezurik Corp. would report for each stockholders' equity caption on its June 30, 2020, balance sheet, after recording the effects of transactions 1-6. Also the treasury stock was purchased at $18.8. (Enter your answer in thousands of dollars. Amounts to be deducted should be indicated with a minus sign.) Dollar amounts reported on the June 30, 2020 Balance sheet Preferred stock Common stock Additional paid-in capital on common stock Retained earnings Treasury stock Total stockholders' equity S 0 Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B Required C Indicate how the stockholders' equity caption details for DeZurik Corp. would change for the June 30, 2020, balance sheet, as compared to the disclosures for the 2019 balance sheet. (Round the preferred stock values in dollars, rounded to 2 decimal places. (e.g., 32.16). Do not enter answer in thousands.) shares authorized, par value, cumulative, Preferred stock shares issued and outstanding. $5 par value 4,000,000 shares authorized shares issued Common stock shares outstanding. Treasury common stock, at cost, shares. Answer is not complete. Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B Required C What was the average issue price of common stock shown on the June 30, 2020, balance sheet? (Round your answer to 2 decimal places. (e.9., 32.16). Average issue price per share