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  3. he stockholders' equity section on the december 31

he stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the...

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Accounting

he stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts:

Contributed Capital
Preferred Stock (par $20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) $ 120,000
Additional Paid-In Capital, Preferred 18,900
Common Stock (no-par; authorized 20,000 shares, issued and outstanding 6,800 shares) 734,400
Retained Earnings 38,000
Treasury Stock, 1,000 Preferred shares at cost (9,900 )

Assume that no shares of treasury stock have been sold in the past.

Required:

Complete the following statements. (Decreases should be indicated by a minus sign. Round per share to 2 decimal places.)

1) The number of shares of preferred stock issued was

2) The number of shares of preferred stock outstanding was

3) The average issue price of preferred stock was

4) The average issue price of common stock was

5) The treasury stock transaction increased (decreased) stockholders equity by

6) The Treasury stock cost

7) Total stock holders equity is

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