At december 31st 2011 the records at a corporation provided

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At December 31st, 2011, the records at a corporation provided the following selected and incomplete data:

Common stock (par $1; no changes during the year)


Shares authorized, 3,000,000




Shares issued, issue price $65 per share



Shares held as treasury stock, 85,000 shares, cost $40 per share

Net income, $3,700,000





Common stock account, $1,400,000




Dividends declared and paid; $2 per share.



Retained Earnings balance, January 1, 2011, $74,700,000







Find the following:

(a) the shares issued

(b) the shared outstanding

(c) the balance in the Capital in Excess of par account

(d) the EPS on net income

(e) The total dividends paid on common stock during 2011

(f) The amount of treasury stock

Reference no: EM13377626

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