Balance in the capital in excess of par account

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Reference no: EM13175544

At December 31^st, 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

(d) the EPS on net income

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

(f) The amount of treasury stock

Reference no: EM13175544

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