E11-6 (Algo) Finding Amounts Missing from the Stockholders' Equity Section LO11-1, 11-3, 11-7 Assum Stockholders' equity section on the balance sheet of Mangoma popular department store, is shown below. During the year, the company reported net income of $241.245,000 and declared and paid dividends of $11.916.000 Current Year Last Year $ 1,166,000 Stockholders' Equity Common stock, Class A-116,610, SOB and 116,489, 495 shares issued and shares outstanding Comon stock, Class B (convertible)-4.240.929 shares issued and outstanding Additional paid.in capital Retained earnings Less treasury stock, at cost, class A 47,146,748 and 45, 450, 148 shares 40,3 765, e55,000 2,627, 7271 Bee 40.000 781,987,000 (1,889,581,060) (934,560,000) Required: 1. What is the par value of Magnum's Class A common stock? 2. How many shares of Class A Common Stock were outstanding at the end of last year and the end of the current year? 3. What amount was reported in the Retained Earnings account at the end of last year? 4. How is the dollar amount in the treasury stock account at the end of the current year reflected on the asset side of the balance sheet? 5. During the current year, by what amount did treasury stock transactions increase or decrease stockholders equity? 6. At the end of the current year, what was the average price paid per share for shares held in treasury stock? Complete this question by entering your answers in the tabs below. Reg 4 and 5 What is the par value of Magnum CLA common stockround your answer to 2 decimal places Par value of common stock Req2 >