Tamarisk inc has been authorized to issue 21,000 shares of $100 par value, 105 , noncumulative preferred stock and 1.099,100 shares of no-par common stock. The corporation assigned a $2.90 stated value to the common stock. At December 31 . 2022, the ledeer contained the following post-closing balances pertaining to stockhoiders' equity. All preler red stock was issued for land having a fair value of $141.000. All common stock issued was for cash. In November, 1.500 shares of common stock were purchased for the treasury at a per share cost of $12. In Deceenber. 500 shares of treasury stock were sold for $15 per share. No dividends were declared in 2022 . Bumance of peferied theik torland thesance of oommen steck fer cash Tamarisk, Inc. Balance Sheet (Partial) December 31,2022 Stockholders' Equity Paid-in Capital Capital Stock Common Stock Preferred Stock Total Capital Stock Additional Paid-in Capital Paid-in Capital in Excess of Stated Value-Common Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital from Treasury Stock Total Additional Paid-in Capital Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earnings Less V= Treasury 5 tock Total Stockholders' Equity eTextbook and Media