Which answer would represent the financial statement presentation of stockholders equity after the following transactions?
1. common stock, $12 par value, 500 shares authorized 200 shares issued, 125 outstanding $2400 Paid in capital in excess of par- common $2600 Less: treasury stock. 75 shares at $22 per share -$1650.
2. common stock, $12 par value, 500 shares authorized 200 shares issued and outstanding $2400 Paid in capital in excess of par- common $2600 Less: treasury stock. 75 shares at $12 per share -$900.
3. common stock, $12 par value, 500 shares authorized 200 shares issued, 425 outstanding $5100 Paid in capital in excess of par- common $5525 Less: treasury stock. 75 shares at $22 per share -$1650.
4. common stock, $25 market value, 500 shares authorized 200 shares issued, 125 outstanding 5,000 Less: treasury stock. 125 shares at $22 per share -$1650.