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The following are selected accounts and balances from the records of Ganster Corporation on June 30, 2012. Common Stock, 105,000 shares authorized, 70,000 shares issued....$560,000

The following are selected accounts and balances from the records of Ganster Corporation on June 30, 2012. Common Stock, 105,000 shares authorized, 70,000 shares issued....$560,000

Paid-in Capital in Excess of Par Value-Common Stock.......................$550,000

Preferred Stock, $100 par value, 8.5%, 5,000 shares authorized.......$150,000

Retained Earnings........................................................................$875,000

Treasury Stock (20,000 common shares).......................... ............$200,000

Paid-in Capital in Excess of Par Value-Preferred Stock......................$140,000

a. What is the par value per share of Common Stock? $8

b. How many shares of Common Stock are outstanding? 50,000

c. How many shares of Preferred Stock are issued? 1,500

d. What was the average issuance price of Common Stock? $15.86

e. What was the average purchase price of Common Stock held for the treasury?

f. What is the total value of Paid-in Capital? g. What is the total value of Stockholders' Equity?

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