The stockholders' equity of Pro - Team Uniforms as of December 31, 2018 and 2017, follows: (Click the icon to view the stockholders' equity.) Read the requirements. Requirement 1. What is the par value of the common stock? (Enter your answer to the nearest cent.) The par value of the common stock is $ 3.75 per share. Requirement 2. How many shares of common stock were outstanding at the end of 2018? 4300000 shares of common stock were outstanding at the end of 2018. Requirement 3. As of December 31, 2018, what was the average price that stockholders paid for all common stock when issued? (Enter your answer to the nearest cent.) The average price that stockholders paid for all common stock when issued was $ per share. Requirement 4. Prepare a summary journal entry to record the change in common stock during the year. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts Date Debit Credit Requirement 5. What was the average price that stockholders paid for the common stock issued in 2018? (Enter your answer to the nearest cent.) The average price that stockholders paid for the common stock issued in 2018 was $ per share. Requirement 6. What was the average price paid by Pro - Team Uniforms for the treasury stock at December 31, 2018? (Enter your answer to the nearest cent.) Choose from any list or enter any number in the input fields and then continue to the next question. Data Table 2018 2017 $ 900,000 $ 390,000 126,600,000 Common stock, 6,000,000 shares authorized, 3,000,000 and 1,300,000 shares issued, respectively Paid-in capital in excess of par Paid-in capitaltreasury stock transactions Retained earnings Treasury stock, at cost, 40,000 and 45,000 shares, respectively 46,870,000 48,000 52,000 55,000,000 55,000,000 (1,748,000) (1,966,500) $ 180,804,000 $ 100,341,500 Total stockholders' equity Print Done The stockholders' equity of Pro-Team Uniforms as of December 31, 2018 and 2017, follows: (Click the icon to view the stockholders' equity.) Read the requirements Requirement 5. What was the average price that stockholders paid for the common stock issued in 2018? (Enter your answer the nearest cent.) The average price that stockholders paid for the common stock issued in 2018 was $ per share Requirement 6. What was the average price paid by Pro-Team Uniforms for the treasury stock at December 31, 2018? (Enter your answer to the nearest cent.) The average price by Pro-Team for the treasury stock was $ per share. Requirement 7. Prepare a summary journal entry to record the change in treasury stock during the year. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts Date Debit Credit Requirement 8. Assuming net income for 2018 was $9,000,000, prepare a summary journal entry to record the dividends declared during 2018. (Record debits first, then credits. Exclude explanations from any joum Journal Entry Accounts Date Debit Credit Choose from any list or enter any number in the input fields and then continue to the next