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14. Purchased land for cash a. Operating activities section b. Investing activities section C. Financing activities section d. Does not represent a cash flow 15. Purchased treasury stock with cash a. Operating activities section b. Investing activities section C. Financing activities section d. Does not represent a cash flow 16.What is the total stockholders' equity based on the following account balances? Common Stock Paid-In Capital in Excess of Par Retained Earnings T reasurv StoCK $1,000,000 80,000 380,000 40,000 a. $1,260,000 b. $1,420,000 C. $1,500,000 d. $920,000 Use the following to answer questions 17-19 Shown below is information relating to the stockholders' equity of Windows Corporation at December 31, 2017 12% cumulative preferred stock, $150 par. 100,000 shares authorized, 10,000 $1,500,000 shares issued Common stock, $1.50 par, 1,000,000 shares authorized, 600,000 shares issued 900,000 300,000 900,000 100,000 1,250,000 Additional paid-in capital: preferred stock Additional paid-in capital: common stock Treasury stock (at cost: 20,000 common shares) Retained earnings 17. Refer to the above data. The average issue price per share of the preferred stock was a. $150 b. $165 c. $180 d. $195 18. Refer to the above data. How many shares of common stock are outstanding? a. 600,000 b. 620,000 c. 580,000 d. Some other number 19. Refer to the above data. Calculate total stockholders' equity: a. $4,750,000 b. $4,850,000 c. $4,950,000 d. $3,600,000

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