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The shareholders' equity section of Nakoma Inc. provides information as follows: Stockholders' equity Common stock, $1 par, 1,750,000 shares authorized, 500,000 shares issued, 490,000

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The shareholders' equity section of Nakoma Inc. provides information as follows: Stockholders' equity Common stock, $1 par, 1,750,000 shares authorized, 500,000 shares issued, 490,000 shares outstanding $500,00 Paid-in capital in excess of par-Common stock 480,00 360,00 Retained earnings Accumulated other comprehensive income Less: Treasury stock, 10,000 shares at cost Total equity attributable to Nakoma Inc. stockholders Equity attributable to noncontrolling interests Total stockholders' equity During 2020, Nakoma Inc. has the following transactions: On March 30, 2020, reacquired and retired 1,000 shares of common stock at $13.50 per share. On September 20, 2020, sold 2,800 treasury shares at $21 per share. On November 25, 2020, declared and issued a 10% stock dividend. On December 15, 2020, retired 4,000 treasury shares. Required: Given the transactions above, on December 31, 2020, 1. The number of authorized shares is 1,750,000 2. The number of issued shares is 544,180 3. The number of outstanding shares is 540,980 shares. shares. shares. 4. The number of treasury shares is 3.200 shares. 48,00 (55,000 $1,333,000 5,00C $1,338,000

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