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Business, 18.08.2021 03:00 bm42400

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 are held as treasury stock) $102,000
Additional Paid-in Capital, Preferred 13,770
Common Stock (no-par; authorized 20,000 shares, issued and outstanding 5,900 shares) 584,100
Retained Earnings 29,000
Treasury Stock, 1,000 Preferred shares at cost 9,450

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

Required:
Complete the following statements.

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 (per share) :
6.The treasury stock cost :
7. Total stockholders' equity is :

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