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The question has THREE parts. For a recent 2-year period, the balance sheet of Tamarisk Company showed the following stockholders' equity data at December 31

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image text in transcribedThe question has THREE parts.
For a recent 2-year period, the balance sheet of Tamarisk Company showed the following stockholders' equity data at December 31 (in millions). 2017 2016 Additional paid-in capital Common stock Retained earnings Treasury stock $ 818 648 5,260 1,786928 $6,981 $5,798 $920 657 7,190 Total stockholders' equity Common stock shares issued Common stock shares authorized Treasury stock shares 219 500 38 216 500 29 (a) Answer the following questions. (1) What is the par value of the common stock? (Round par value to 2 decimal places e.g. $3.15.) Par value of common stock (b) Prepare the stockholders' equity section at December 31, 2017. (Enter account name only and do not provide descriptive information.) Tamarisk Company Balance Sheet (in millions of dollars) (Partial)

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