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  3. the stockholders' equity section on the december 3

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

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Accounting

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The 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 $ 96,000 12,240 are held as treasury stock) Additional Paid-In Capital, Preferred Common Stock (no-par; authorized 20,000 shares, issued and outstanding 5,600 shares Retained Earnings Treasury Stock, 1,000 Preferred shares at cost 537,600 26,000 (9,300) 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 the preferred stock was 4. The average issue price of the common stock was 5.The treasury stock transaction increased (decreased) stockholders' equity by 6. The treasury stock cost 7.Total stockholders' equity is per share per share

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