The Corners Corporation experienced three events that affected its financial statements as shown below. Assume that the original ssue (Event 1) was for 400,000 shares, and the treasury stock was acquired for $5 per share (Event 2). Assets Cash 1,000,000 - (24,000) 21,000 Common Stock 600,000 NA NA Sales price Stockholders' Equity Treasury Stock 24,000 (18,000) Paid in Capital in Excess of Par tequired a. What was the sales price per share of the original stock issue? Note: Round your answer to 2 decimal places. Corporation acquired 400,000 NA NA per share >. How many shares of stock did the corporation acquire in Event 2? shares of stock + 14 Paid in Capital from Treasury Stock NA 3,000 Revenue NA NA NA 125 Expense NA NA Net Income NA NA NA Statement of Ca Flows 1,000,000 FA (24,000) FA 21,000 FA

he Corners Corporation experienced three events that affected its financial statements as shown below. Assume that the original isue (Event 1) was for 400,000 shares, and the treasury stock was acquired for $5 per share (Event 2 ). ?equired 3. What was the sales price per share of the original stock issue? Note: Round your answer to 2 decimal places. 2. How many shares of stock did the corporation acquire in Event 2? c. How many shares were reissued in Event 3 ? d. How many shares are outstanding immediately following Events 2 and 3 , respectively