Question: Could I please get some help with this assignment, I am trying to understand it with no luck, I am recording everything wrong. For a

Could I please get some help with this assignment, I am trying to understand it with no luck, I am recording everything wrong.

For a recent 2-year period, the balance sheet of Bonita Company showed the following stockholders' equity data at December 31 (in millions). 2017 Additional paid-in capital Common stock Retained earnings Treasury stock Total stockholders' equity Common stock shares issued Common stock shares authorized Treasury stock shares 2016 $ 920 657 7,190 1,786 $ 818 648 5,260 928 $6,981 $5,798 219 500 38 216 500 29 (a) Answer the following questions. (1) What is the par value of the common stock? $ Par value of common stock (2) What is the cost per share of treasury stock at December 31, 2017, and at December 31, 2016? December 31, 2017 December 31, 2016 Cost per share of Treasury stock $ $ (b) Prepare the stockholders' equity section at December 31, 2017 Bonita Company Balance Sheet (in millions of dollars) (Partial) $ : $

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