The following items are from ABC Co.s balance sheet as of 12/31/2018

Common stock, $5 par value, 300,000 shares authorized. . . . . . . . $1,200,000

Paid in Capital in excess of par value. . . . . . . . . . . . . . . . . . . . . . 120,000

Retained Earnings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000

Treasury stock (10,000 shares at cost) . . . . . . . . . . . . . . . . . . . . 150,000

Fill in each blank and provide supporting computations/logic for each answer below:

(a) The number of shares of common stock issued was #________________.

(b) The number of shares of common stock outstanding was #________________.

(c) The total sales price of the common stock when originally issued was $_________________.

(d) How much did the treasury stock cost per share? $_________________.

(e) What is the average issue price of the common stock per share? $________________ _.

(f) What is Total Stockholders Equity? $_________________

(g) How much of the assets were contributed by the stockholders? $___________________

(h) If 25% of the treasury shares were re-issued for $20 a share, what balance would remain in

the Treasury Stock account? $__________________