22. The 12/31/2017 SIOCKIouers equily Secliori UI Puyler C. Sualarice Steel TOITUWS. Common shares issued, 50,000 shares, par $1 per share Paid-in capital in excess of par - common stock Cumulative preferred shares issued and outstanding, 600 shares, par $100 Retained earnings Treasury Stock (1,000 common shares at cost of $23 per share) $50.000 80,000 60,000 100,000 (23,000) The 1,000 treasury shares were acquired several years ago. Pogler had no capital stock transactions during 2017. Pogler has no potentially dilutive securities. a. What is Pogler's total stockholders' equity on 12/31/2017? b. When finding EPS for 2017, how many shares should Pogler use in the denominator of the EPS calculation? c. What is the correct classification of the account, 'Treasury Stock? d. On May 31, 2018, Pogler sells 600 of its treasury shares for $24 per share. On July 30, 2018, Pogler sells its remaining 400 treasury shares for $21 per share. These are the only capital stock transactions for 2018. Prepare the journal entries to record these two transactions. (8 pts) Accounts Transaction Date May 31, 2018 Dr | Cr July 30, 2018 22. The 12/31/2017 SIOCKIouers equily Secliori UI Puyler C. Sualarice Steel TOITUWS. Common shares issued, 50,000 shares, par $1 per share Paid-in capital in excess of par - common stock Cumulative preferred shares issued and outstanding, 600 shares, par $100 Retained earnings Treasury Stock (1,000 common shares at cost of $23 per share) $50.000 80,000 60,000 100,000 (23,000) The 1,000 treasury shares were acquired several years ago. Pogler had no capital stock transactions during 2017. Pogler has no potentially dilutive securities. a. What is Pogler's total stockholders' equity on 12/31/2017? b. When finding EPS for 2017, how many shares should Pogler use in the denominator of the EPS calculation? c. What is the correct classification of the account, 'Treasury Stock? d. On May 31, 2018, Pogler sells 600 of its treasury shares for $24 per share. On July 30, 2018, Pogler sells its remaining 400 treasury shares for $21 per share. These are the only capital stock transactions for 2018. Prepare the journal entries to record these two transactions. (8 pts) Accounts Transaction Date May 31, 2018 Dr | Cr July 30, 2018