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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
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 $500,000 480,000 Paid-in capital in excess of par-Common stock Retained earnings 360,000 Accumulated other comprehensive income 48,000 (55,000 Less: Treasury stock, 10,000 shares at cost Total equity attributable to Nakoma Inc. stockholders $1,333,000 Equity attributable to noncontrolling interests Total stockholders' equity 5.000 $1,338,000 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 shares. Gwadiaci 480,000 Paid-in capital in excess of par-Common stock Retained earnings Accumulated other comprehensive income 360,000 48.000 Less: Treasury stock, 10,000 shares at cost (55,000) $1.333.000 Total equity attributable to Nakoma Inc. stockholders Equity attributable to noncontrolling interests Total stockholders' equity 5.000 $1,338,000 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 shares. 2. The number of issued shares is shares. 3. The number of outstanding shares is shares. 4. The number of treasury shares is shares
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