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The following stockholders' equity section was taken from the books of Icepocalypse, Inc on January 1, 2020 $2,400,000 900,000 Common Stock $8 par value, 500,000

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The following stockholders' equity section was taken from the books of Icepocalypse, Inc on January 1, 2020 $2,400,000 900,000 Common Stock $8 par value, 500,000 shares authorized, 300,000 shares issued and outstanding Additional paid in capital in excess of par - Common Additional paid in capital from Treasury Stock transactions Additional paid in capital - retired stock Retained earnings Total Stockholders' Equity 0 O 1.500.000 $4,800,000 The following transactions occurred in 2020: a) On February 5, 2020, Icepocalypse repurchased 50,000 of its shares at a purchase price of $17 per share. b) on April 1. 2020, Icepocalypse reissued 15,000 of its treasury shares at a price of $15 per share. c) On August 1, 2020, Icepocalypse opted to retire 8,000 of the treasury shares. d) On December 31, 2020, Icepocalypse declared a net profit for the year of $1,200,000. e) On December 31, 2020, Icepocalypse declared dividends of $500,000 to be paid on January 25, 2021. (Note, you are not required to calculate total number shares outstanding since total dollar amount of dividend is given.) REQUIRED: Based on the information above, please answer the following questions as of December 31, 2020 Your supporting documentation should clearly show how you arrived at the answers you provide below given (a) through (e) above. You may opt to show your work using journal entries, T-accounts, or a clear calculation of what is increasing/decreasing each account. To clarify, journal entries are not necessarily required al long as I can follow your work to support your answers below. For all answers below, please enter numeric values as positive, whole numbers without dollar signs. For example, XXXXXX 1. What is the 12/31/2020 balance of Additional Paid-in-Capital for Common Stock? $ 2. What is the 12/31/2020 balance of Treasury Stock? $ 3. What is the 12/31/2020 balance of Retained Earnings? $

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