The following correctly prepared entries without explanations pertain to Corners Corporation.

Event Number	Account Title	Debit	Credit
1.	Cash	1,640,000
1.	Common stock		1,010,000
1.	Paid-in capital in excess of par value		630,000
2.	Treasury stock	39,900
2.	Cash		39,900
3.	Cash	35,000
3.	Treasury stock		31,500
3.	Paid-in capital in excess of cost of treasury stock		3,500

The original sale (Entry 1) was for 410,000 shares, and the treasury stock was acquired for $7 per share (Entry 2). Required a. What was the sales price per share of the original stock issue? b. How many shares of stock did the corporation acquire in Entry 2? c. How many shares were reissued in Entry 3? d. How many shares are outstanding immediately following Entries 2 and 3, respectively?

Req A Req B to C ReqD What was the sales price per share of the original stock issue? (Round your answer to 2 decimal places.) Sales price per share ReqA Req B to C ReqD b. How many shares of stock did the corporation acquire in Entry 2? C. How many shares were reissued in Entry 3? shares b. Corporation acquired c. Shares reissued shares ReqA Req B to C ReqD How many shares are outstanding immediately following Entries 2 and 3, respectively? Outstanding Shares Entry 2 Entry 3