Prebel ended OX: Winger Corporation had the w i ns financement Preferred Stock, 5100 3.000 hari And outstanding APIC-Preferred Stock Common Stock. Si par, 120,000 shares And outstanding APIC - Common Stock Retained ning 300,000 120.000 In notes PrefStock Dividends in Arrears Pref Stock liquidating value per share STOS Required: What is the book value per share of Wing's Common Stock for the year and 20% pts.) 120,000 280,000 1,0oodoo Toz 1000,000 8990-03 CS 1raooo Problem IV. Camby Corporation's balance sheet reported the following: (9 pts.) Capital stock outstanding. 10,000 shares, par S10 per share Paid-in capital in excess of par Retained earnings $100,000 150.000 200,000 The following transactions occurred this year: (a) Purchased 200 shares of capital stock to be held as treasury stock, paying $50 per share. (b) Sold 120 of the shares of treasury stock at $54 per share. (c) Sold the remaining shares of treasury stock at $40 per share. Instructions Prepare the journal entries for these transactions under the cost method of accounting for treasury stock. (a) Treasury stock 10,000 10,000 Cash (6) Cash Treasury Stock APIL 6,480 6,000 480 =) Cash APIC 3,200 2 Treasury Stock 4,005