Problem 11-1A Stockholders’ equity transactions and analysis LO C2, P1 Kinkaid Co. is incorporat

Problem 11-1A Stockholders’ equity transactions and analysis LO C2, P1 Kinkaid Co. is incorporat

Problem 11-1A Stockholders' equity transactions and analysis LO C2, P1 Kinkaid Co. is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations. General Journal Cash Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock Debit 310,000 Credit 240,000 70,000 160,000 Organization Expenses Conmon Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 126,000 34,000 43,500 18,500 81,809 Cash Accounts Receivable Building Notes Payable Common Stock, $25 Par Volue Paid-In Capital in Excess of Par Value, Common Stock Cash Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 59,900 53,988 38, eee d. 145,000 76,000 69,000 Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the amount of minimum legal capital (based on par value) at year-end? 4. What is the total paid-in capital at year-end? 5. What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $787,000? Reg 2 to 4 Reg 5 How many shares of common stock are outstanding at year-end? What is the amount of minimum legal capital (based on par value) at year-end? What is the total paid-in capital at year-end? Number of outstanding shares Minimum legal capital Total paid-in capital 4 Reg 2 to Req5 > opioi al yedirect 5. What is the book value per share of the common stock at year-end if total paid in capital plus retained earnings equals $7870002 Complete this question by entering your answers in the tabs below. Reg 2 to 4 Reg 5 What is the book value per share of the common stock at year-end if total pald-in capital plus retained earnings equals $787,000? Book Value Choose Numerator: Book Value per Common Share 1 Choose Denominator: A – – Book Value per Common Share Book value pere Book value per common share

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