Stock Issuance and Treasury Stock Decade, Inc., recorded certain capital stock transactions shown in the following journal entries: (1) issued common stock for $25 cash per share, (2) purchased treasury shares at $40 per share, and (3) sold some of the treasury shares: 1 Cash Common stock Paid-in capital in excess of par value 2 Treasury stock Cash 3 Cash Treasury stock Paid-in capital from treasury stock 500,000 100,000 81,000 a. How many shares were originally issued? 25,000 * shares 75,000 425,000 100,000 75,000 6,000 b. What was the par value of the shares issued? $3 x per share c. How many shares of treasury stock were acquired? 4,000 * shares d. How many shares of treasury stock were sold? 3,000 * shares e. At what price per share was the treasury stock sold? $27 x per share

Stock issuance and Treasury Stock B) sold soine of the treasury chares: a. How mariy thaces were originaty hsued? x sthases b. What was the par value of the shares issuedt x per share c.How many shares of treasury atock were acquired? x stares d. How many shares of treawiry stoci were sold? x shares e. At what grke per share was the ve veasury atock solo? x per share