Determining amount of additional paid-in capital

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Reference no: EM13142453

Assuming no other equity transactions occurred during 2010, what should Hahn report at December 31, 2010, as total additional paid-in capital? A. $895,000 b. $900,000 c. $905,000 d. $915,000 83. Percy Corporation was organized on January 1, 2010, with an authorization of 1,200,000 shares of common stock with a par value of $6 per share. Percy used the cost method to record the purchase and reissuance of the treasury shares. What is the total amount of additional paid-in capital as of December 31, 2010?

A. $-0-.

B. $2,070,000.

C. $2,700,000.

D. $3,330,000.

Reference no: EM13142453

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