Presented below is a partial stockholders' equity section of Ruple Corporation's balance sheet on December 31, 2014: Stockholders' Equity Paid-In Capital Capital Stock Common Stock, $5 par value, 300,000 shares authorized; _____ shares issued and _____ outstanding…………. $1,200,000 Additional Paid-In Capital In excess of par value……………………………………………….. 120,000 Retained Earnings……………………………………………………….. 500,000 Less: Treasury stock, 10,000 shares……………………………….. (120,000) Total Stockholders' Equity…………...…………………………………...... $1,700,000 Instructions Complete the following statements and show your computations.
a. The number of shares of common stock issued is _240,000_.
b. The number of shares of common stock outstanding is __________.
c. The total paid in capital is $__________.
d. The cost per share of the treasury stock was $__________.