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The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50
The stockholders' equity section of The Seventies Shop is presented here. THE SEVENTIES SHOP Balance Sheet (partial) ($ in thousands) Stockholders' equity: Preferred stock, $50 par value Common stock, $5 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock Total stockholders' equity 17,000 64,600 81,600 50,000 (3,100) $128,500 Based on the stockholders' equity section of The Seventies Shop, answer the following questi amounts are presented in thousands. Problem 10-4B Part 5 5. If the treasury stock was purchase at $20 per share, how many shares were purchased? (Enter yo shares, not in thousands.) Number of shares
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