Reference no: EM131779564

The stockholders' equity section on the December 31 balance sheet of Chemfast Corporation reported the following amounts:

Contributed Capital
Preferred Stock (par $20; authorized 10,000 shares, ? issued,          of which 1,000 shares are held as treasury stock)	$	86,000
Additional Paid-in Capital, Preferred		9,890
Common Stock (no-par; authorized 20,000 shares, issued and          outstanding 5,100 shares)		464,100
Retained Earnings		21,000
Treasury Stock, 1,000 Preferred shares at cost		9,050

Assume that no shares of treasury stock have been sold in the past.

Required:

Complete the following statements. (Decreases should be indicated by a minus sign. Round per share to 2 decimal places.

1. The number of shares of Preferred stock issued was ______________________

2. The number of shares of preferred stock outstanding was _________________________

3. The average issue price of the preferred stock was ______________________

4. The average issue price of the common stock was ___________________________

5. The treasury stock transaction increased (decreased) stockholder's equity by ________________________

6. The treasury stock cost ________________________

7. Total stockholder's equity is ___________________________