At its inception on January 1,2022 . The Jonas Company issued 50,000 shares of $20...
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At its inception on January 1,2022 . The Jonas Company issued 50,000 shares of $20 par value common stock for $100 per share. On December 15, 2022, Jonas repurchased 10,000 shares of the common stock it had previously issued (i.e. Jonas purchased 10,000 shares of Treasury Stock) for a price of $150 per share. No other stock transactions occurred before the year ended on December 31, 2022. Jonas' retained earnings as of December 31, 2022 were $400,000. As of December 31, 2022 , what is the number of outstanding common shares of Jonas and what is the total amount of Jonas' stockholder's equity? 50,000 outstanding common shares; and $5,000,000 total stockholders' equity 40.000 outstanding common shares; and $3,900,000 total stockholders' equity 200,000 outstanding common shares; and $6,900,000 total stockholders' equity 40.000 outstanding common shares; and $5,400,000 total stockholders' equity At its inception on January 1,2022 , The Jonas Company issued 50,000 shares of $20 par value common stock for $100 per share. On December 15,2022 , Jonas repurchased 10,000 shares of the common stock it had previously issued (i.e. Jonas purchased 10,000 shares of Treasury Stock) for a price of $150 per share. No other stock transactions occurred before the year ended on December 31,2022 . Jonas' retained earnings as of December 31,2022 were $400,000. As of December 31 , 2022. What is the number of outstanding common shares of Jonas and what is the total amount of Jonas' stockholder's equity? 50,000 outstanding common shares; and $5,000,000 total stockholders' equity 40,000 outstanding common shares; and $3,900,000 total stockholders' equity 200,000 outstanding common shares: and $6,900,000 total stockholders' equity 40,000 outstanding common shares; and $5,400,000 total stockholders' equity
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