Astockholders' equity transactions and analysis lo c2, p1 kinkaid co. is incorporated at the beginning of this year and engages in a number of transactions. the following journal entries impacted its stockholders’ equity during its first year of operations. general journal debit credit
a. cash 300,000 common stock, $25 par value 250,000 paid-in capital in excess of par value, common stock 50,000
b. organization expenses 150,000 common stock, $25 par value 125,000 paid-in capital in excess of par value, common stock 25,000
c. cash 43,000 accounts receivable 15,000 building 81,500 notes payable 59,500 common stock, $25 par value 50,000 paid-in capital in excess of par value, common stock 30,000
d. cash 120,000 common stock, $25 par value 75,000 paid-in capital in excess of par value, common stock 45,000 required:
1. how many shares of common stock are outstanding at year-end?
2. what is the amount of minimum legal capital (based on par value) at year-end?
3. what is the total paid-in capital at year-end?
4. what is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $695,000?