The following information is from the comparative balance sheets of Ameristar Casinos, Inc.:

1. How many shares of common stock were outstanding at December 31, 2008?
2. How many shares of common stock were outstanding at December 31, 2007?
3. What was the average issue price per share of the 58,093,041 shares classified as “issued” at December 31, 2008? (Round the answer to the nearest cent.)
4. The company paid cash dividends of $18,015 (in thousands) during the year ended December 31, 2008. What was the company’s net income or net loss for the year ended December 31,2008?

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Adapted from Ameristar Casinos, Inc. From the Consolidated Balance Sheets (amounts in thousands, except share data) Shareholders' equity: December 31, December 31, 2008 2007 Preferred stock, $0.01 par value, 30,000,000 shares authorized; none issued and outstanding Common stock, $0.01 par value; 120,000,000 shares authorized; 58,093,041 shares issued and outstanding at December 31, 2008; and 57,946,167 shares issued and December 31, 2007 Additional paid-in-capital Retained earnings Other comprehensive gain (loss) Treasury stock, at cost, 792,322 shares at December 31, 2008, and 787,236 shares at December 31, 2007 Total shareholders' equity 581$579 shares shares outstanding at 246,662 136,551 (27,295) 234,983 285,238 (17,719) $338,780 (17,674) $503,126