stock-5% cumilative, s_, per value, 1,000 shares authorized. Rued, and nstock-par vnlue, 4,000 shares authorized, issued, and outstanding 80,000 Retained earnings Total stockholders' equity 150,000 280,00 Required 1. Wha 2. What are the par values of th at is the current market value (price) of this corporation's common stock 3. If no divi e corporation's preferred stock and its common stock? escetr what is the book value per share of common stock? (Round per share value to the nearest cent.) tock? 4. If two years' preferred onds per. If two years' preferred (Round per share value to the nearest cent.) dividends are in arrears, what is the book value per share of common s $1.500, what total anmouvidends are in arrears and the board of directors declares cash dividends of arrears and rs? What is the archolde will be paid to the preferred and to the common amount of dividends per share for the common stock? (Round per share value to the nearest cent.) Analysis Component stock and 6. What are some factors that can contribute to a differenc its market value (price)? e between the book value of common following joorated at the beginning of this year and engages in a number of transactions. The journal entries impacted its stockholders' equity during its first year of operations. uity analysis a. 120,000 Cash 3,000 117,000 Common Stock, $1 Par Value Paid-In Capital in Excess of Par Value, Common Stock b. 40,000 Organization Expenses Common Stock, $1 Par Value. Paid-In Capital in Excess of Par Value, Common Stock 1,000 39,000 Cash Accounts Receivable... Building 13,300 8,000 37,000 Notes Payable Common Stock, $1 Par Value Paid-In Capital in Excess of Par Value, Common Stock 18,300 800 39,200 d. Cash 60,000 1,200 58,800 Common Stock, $1 Par Value Paid-In Capital in Excess of Par Value. Common Stock Required 1. Explain the transaction(s) underlying each journal entry (a) through (d) res 2. How many shares of common stock are outstanding at year-end? 3. What is the total paid-in capital at year-end? hat is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $283,200? 4. W