Treasury Stock - 9 points A company reported the following stockholders' equity on January of the current year:

Common stock, $10 par, 1,000,000 shares authorized, 400, 0 shares issued Paid- in capital in excess of par , common Retained earnings ..... Total stockholders ' equity .. $4,000,000 1,200,000 1.600,000 \$6,800,000

Mar. 1 Purchased 10,000 shares of treasury stock for $ 17 per share. May Sold 4,000 shares of treasury stock for $16 per share. Oct. 12 Sold 2,000 shares of treasury stock for $ 18 per share