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The stockholders' equity section on the balance sheet of Mangum's, a popular department store, is shown below. During the year, the company reported net income

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The stockholders' equity section on the balance sheet of Mangum's, a popular department store, is shown below. During the year, the company reported net income of $241,225,000 and declared and paid dividends of $11,904,000. Common stock. Class A-116,710.308 and 116.465.495 shares issued and shares Common stock, Class convertible) 4.030,929 shares issued and outstanding Additional pidin capital Retained rings Less tresury sock at Class A 47,266.748 Required: 1. What amount was reported in the Common Stock (Class A) account at the end of the current year? (Round your answer to nearest whole number.) Domonk wars ,630 2. How many shares of Class A Common Stock were outstanding at the end of last year and the end of the current year? Number of shares 3.What amount was reported in the Retained Earnings account at the end of last year? (Enter your answer in thousands.) 4.At the end of the current year, have the treasury stock transactions increased assets or decreased assets? By how much? (Enter the amount as positive value. Enter your answer in thousands.) 5. During the current year, by what amount did treasury stock transactions increase or decrease stockholders' equity? (Enter the amount as positive value. Enter your answer in thousands.) 6. At the end of the current year, what was the average price paid per share for shares held in treasury stock? (Round your answer to 2 decimal places.) Cost per share References eBook & Resources Worksheet Difficulty: 3 Hard Learning Objective: 11-03 Describe the characteristics of common stock and report common stock transactions E11-6 Finding Amounts Missing from the Stockholders' Equity Section LO11-1, 11-3 Learning Objective: 11-01 Explain the role of stock in the capital structure of a corporation

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