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Use the following to answer questions 18 - 22 Attention Men's Wear, Inc. Balance Sheet (Stockholders' Equity Section) At December 31, 20XE Preferred stock. S100

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Use the following to answer questions 18 - 22 Attention Men's Wear, Inc. Balance Sheet (Stockholders' Equity Section) At December 31, 20XE Preferred stock. S100 par value Common stock. So.01 par value Additional Paid in capital Total paid in capital Retained earnings Treasury stock Total stockholders' equity $1,000,000 7.500 15,950,000 16,957,500 850.000 (300.000) $17.507,500 18. _shares. How many shares of preferred stock have been issued? How many shares of 19. shares. common stock have been issued? 20. $ per share. If the preferred shares were issued at an average price of $102.00 per share. At what price per share were the common shares issued? 21. $ If retained earnings at the beginning of the period was $825,000 and Net income was $475,000, what were the declared dividends for the year? 22. shares. If the treasury stock was repurchased at $30.00 per share, how many shares were purchased? Use the following to answer questions 23 - 26 J.T Corporation was organized on January 3, 20XE. The firm was authorized to issue 100,000,000 shares of $1.00 par common stock. During 20XE, the company had the following transactions relating to shareholders' equity: Per share Shares Total Issued common stock (January) $20.00 300.000 Issued common stock (July) $22.00 200,000 Outstanding shares 490,000 Dividends declared $0.45 Treasury stock $25.00 Net income for the year $650,000 23. $ What is the additional paid- in capital at the end of 20XE? What is total Paid-in capital at 24. $ the end of 20XE? 25. $ What is total retained earnings at the end of 20XE? 26. What is total stockholders' $ equity at the end of 20XE

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