Financial Analysts, Inc., reported the following statement of stockholders’ equity for the year ended September 30, 2010.

Requirements

1. What is the par value of the company’s common stock?
2. At what price per share did the company issue its common stock during the year?
3. What was the cost of treasury stock sold during the year? What was the selling price of the treasury stock sold? What was the increase in total stockholders’ equity from selling the treasury stock?
4. What overall effect did the stock dividend have on total stockholders’ equity?

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Stock Dividend (Dollar amounts in thousands) Balance, September 30, 2009 Net Income Cash Dividends Issuance of Stock (4,000 shares) Financial Analysts, Inc. Statement of Stockholders' Equity Year Ended September 30, 2010 125 COMMON STOCK ADDITIONAL PAID-IN CAPITAL RETAINED TREASURY EARNINGS STOCK TOTAL $176 $2,114 $1,703 $(21) $3,972 523 523 (116) (116) 15 44 59 20 91 (111) 0 Sale of Treasury Stock 5 13 18 Balance, September 30, 2010 $211 $2,254 $1,999 $ 8 $4,456