Determine the cost per share of the treasury stock a


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.

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Accounting Basics: Determine the cost per share of the treasury stock a
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