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Stockholders' Equity Paid-In Capital Capital Stock Common stock, $5 par value, 780,000 shares authorized: shares issued and outstanding $3,000,000 Additional paid-in capital In excess of

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Stockholders' Equity Paid-In Capital Capital Stock Common stock, $5 par value, 780,000 shares authorized: shares issued and outstanding $3,000,000 Additional paid-in capital In excess of par value 168,000 Total paid in capital 3,168,000 Retained Earnings 550,000 Total paid-in capital and retained earnings 3,718,000 Less: Treasury stock (22,000 shares) 286,000 Total stockholders' equity $3,432,000 Complete the following statements. (a) The number of shares of common stock issued was shares (b) The number of shares of common stock outstanding was shares (c) The total sales price of the common stock when issued was (d) How much did the treasury stock cost per share? per share (e) What was the average issue price of the common stock? (Round to 2 decimal places, e.g. 5.25) $ per share

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