The following financial statements and information are avaliable for Johnson Corp
Balance sheets A December 31 Year a Tent 2 $ 163,100 106,100 189,100 298,500 692,00 (306, 600) 82800 1,225, 700 $ 123,500 87.600 174,600 223,000 493,400 (236,900) 117.800 983,000 Assets Cash Accounts receivable Inventory Marketable securities available for sale) Equipment Accumulated depreciation Land Tatal assets Liabilities and equity Liabilities Mecounts payable (inventory Notes payable-Long-term Bonds payable Total liabilitiem Stockholders equity Common stock, no par Preterred stock, 550 par Faid-in capital in excess of panceferred stock Total paid in capital Retained earnings Leon Treasury stock Total stockholders' equity Total liabilities and stockholders equity 39,200 229,600 206,400 475,200 $ 69,000 253,000 103,200 425,200 243, 100 113,400 37,300 393,800 395,00 (20.6001 750 500 $1,225.700 203,500 105,400 31,300 338,200 208.200 158.600 55,800 $ 983,000 $1,052.0 7692001 282.600 income statement For the Year Ended December 31, Tear Sales revenue Cost of goods sold dros pratit operating expensem supplies expanse $23,500 Salarie expense 94,900 Depreciation expense 13,300 Total operating experien Operating in sonoperating items Interest expense dain from the sale of marketable securities dan on the wale of land and equipment Not inom 1211.2001 19900 (14,100 25.600 22. 100 115,SOP Additional Information 1 Sold and that cost $35,000 for $39.000 2. Sold equipment that cost $26.900 and had accumulated depreciation of $23,600 for $21.400. 3. Purchased new equipment for S226,200 4. Sold marketable Securities that were classified as available for sale and that cost $47100 for $82.700 5. Purchased new marketable securities, classified as available-for-sale, for $122.600 6. Pale $29400 on the principal of the long-term note 7. Poff $10.3.200 bondue and issued new bonds for $206.400. B. Sold 200 shares of trusty stock at its cost. Pres $1.052, 800 769.2001 283,600 Income Statement For the Year Ended December 31 Year Sales revenue Cost of goods sold Gross profit Operating expenses Supplies expense $23.500 Salaries expense 94,900 Depreciation expense 93,300 Total operating expenses Operating income Nonoperating items Interest expense Gain from the sale of marketable securities Gain from the sale of land and equipment Set income (211700 71, 900 (14,100) 35,600 22, 100 $ 115,500 Additional Information 1. Sold land that cost $35,000 for $39.000 2. Sold equipment that cost $26,900 and had accumulated depreciation of $23,600 for $21.400. 3. Purchased new equipment for $226,200. 4. Sold marketable securities that were classified as available-for-sale and that cost $47100 for $82,700. 5. Purchased new marketable securities, classified as available-for-sale, for $122.600. 6. Paid $23,400 on the principal of the long-term note 7. Paid off a $103,200 bond issue and issued new bonds for $206,400. 8. Sold 200 shares of treasury stock at its cost. 9. Issued some new common stock. 10. Issued some new $50 par preferred stock. 11. Paid dividends. (Note. The only transactions to affect retained earnings were net income and dividends.) 5-1. What is the cost per share of the treasury stock? b-2. What was the issue price per share of the preferred stock? b-3. What was the book value of the equipment sold? 1 1-2 Cosa per share of the Treasury Stock Issue price of the preferred stock Badk value of equipment per share
