Reporting Stockholders' Equity
A portion of the balance sheet of Amanda Airlines appears below:
Required:
Fill in missing values.
Common stock, $5 par, 5,000 shares issued, 4,000 outstanding |
$ |
Additional paid-in capital |
Total contributed capital |
170,000 |
Retained earnings |
75,000 |
SelectAdditional paid-in capital-common stockCapital stockTreasury stockItem 3 |
(8,000) |
Total stockholders' equity |
$ |
Determine the cost per share of the treasury stock.