The stockholders' equity of Go-Team Uniforms as of December 31, 2018 and 2017, follows: (Click the icon to view the stockholders' equily.) Data Table Read the requirements. Requirement 1. What is the par value of the common stock? (Enter your answer to the nearest cent) 2018 2017 The par value of the common stock is s per share. $ 300,000 $ Requirement 2. How many shares of common stock were outstanding at the end of 2018? 80,000 39,360,000 50,000 shares of common stock were outstanding at the end of 2018. Common stock, 6,000,000 shares authorized, 3,000,000 and 800,000 shares issued, respectively Paid-in capital in excess of par Paid-in capital treasury stock transactions Retained earnings Treasury stock, at cost, 10,000 and 45,000 shares respectively Total stockholders' equity 117.900.000 55.000 51,500,000 45,000,000 Requirement 3. As of December 31, 2018, what was the average price that stockholders paid for all common stock when issued (391,000) (1.759,500) The average price that stockholders paid for all common stock when issued was S per share. $ 169,364,000 $ 82,730,500 Requirement 4. Prepare a summary journal entry to record the change in common stock during the year. (Record debits first, the Journal Entry Accounts Print Done Date Debit Credit Cash Treasury Stock Paid-in Capital-Treasury Stock Transactions Requirement 5. What was the average price that stockholders paid for the common stock issued in 2018? (Enter your answer to the nearest cent.) Requirement 6. What was the average price paid by Go - Team Uniforms for the treasury stock at December 31, 2018? (Enter ya 2018 2017 The average price by Go-Team for the treasury stock was $ per share. 80,000 Requirement 7. Prepare a summary journal entry to record the change in treasury stock during the year. (Record debits first, then 300,000 $ 117,900,000 39,360,000 Journal Entry Accounts Common stock, 6,000,000 shares authorized, 3,000,000 and 800,000 shares issued, respectively Paid-in capital in excess of par Paid-in capitaltreasury stock transactions Retained earnings Treasury stock, at cost, 10,000 and 45,000 shares, respectively 55,000 50,000 Date Debit Credit 51,500,000 45,000,000 (391,000) (1,759,500) 169,364,000 $ 82,730,500 Total stockholders' equity Requirement 8. Assuming net income for 2018 was $9,500,000, prepare a summary journal entry to record the dividends declare Print Done Journal Entry Accounts Date Debit Credit Choose from any list or enter any number in the input fields and then continue to the next