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The stockholders equity of Crater, Inc. at December 31, 2017, appears below: Common stock, $25 par value, 200,000 shares authorized,135,000 shares issued and outstanding 3,375,000

The stockholders equity of Crater, Inc. at December 31, 2017, appears below:

Common stock, $25 par value, 200,000 shares authorized,135,000 shares issued and outstanding

3,375,000

Paid-in capital in excess of par value

1,750,000

Retained earnings

2,575,000

During 2018, the following transactions occurred:

Jan 1 Sold 50,000 Shares of preferred stock at $75, par is $50, stated rate of return is 5%

May 10: Declared a 10% common stock dividend when market value was $50 per share

June 15 Repurchased 5,000 share of common stock at $32

August 31: Issued the stock dividend declared on May 10.

December 10: Declared a cash dividend of $300,000 to be paid in December 2018.

December 31: Recognized net income of $ 1,630,500.

  1. What is the amount, if any of the APIC for the preferred stock? ____________

  1. What is the amount is the treasury stock, if any? ____________

  1. What is the dividend per share of common stock, if any? ___________

  1. How many shares of common stock are outstanding at year end? _______

  1. What is the ending balance of Retained earnings? ____________

  1. What is the ending balance of total equity? ______________

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