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The following items were shown on the balance sheet of Novak Corp. on December 31, 2020: Stockholders Equity Paid-In Capital Capital Stock Common stock, $5

The following items were shown on the balance sheet of Novak Corp. on December 31, 2020:

Stockholders Equity

Paid-In Capital

Capital Stock

Common stock, $5 par value, 710,000 shares authorized; ______ shares issued and ______ outstanding

$3,000,000

Additional paid-in capital

In excess of par value

150,000

Total paid in capital

3,150,000

Retained Earnings

530,000

Total paid-in capital and retained earnings

3,680,000

Less: Treasury stock (20,000 shares)

300,000

Total stockholders equity

$3,380,000

Complete the following statements.

(a)

The number of shares of common stock issued was

enter a number of shares shares

(b)

The number of shares of common stock outstanding was

enter a number of shares shares

(c)

The total sales price of the common stock when issued was

$enter a dollar amount

(d)

How much did the treasury stock cost per share?

$enter a dollar amount per share per share

(e)

What was the average issue price of the common stock? (Round to 2 decimal places, e.g. 5.25)

$enter a dollar amount per share per share

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