Question: En 6 (Algo) Finding Amounts Missing from the Stockholders' Equlty Section 1011-1, 1-3, 11-7 Assume that the stockholders' equity section on the balance sheet of

 En 6 (Algo) Finding Amounts Missing from the Stockholders' Equlty Section

En 6 (Algo) Finding Amounts Missing from the Stockholders' Equlty Section 1011-1, 1-3, 11-7 Assume that the stockholders' equity section on the balance sheet of Mangum's, a popular department store, is shown below. During the year, the company reported net income of $241,255,000 and declared and peld dividends of $11.899,000. Current Year 1.167,000 3 teho Como stock CLAN 116.710, and 116,585,495 abre insedy > and shares outstanding Come stock, elas convertible - 179,929 hare issued and actstanding Additional paid-1 capital Het bedring Les trenary stock. O cont, clans -47,256,940 and 45,300,148 whares 42.000 766,055,000 2,477.727.000 1.166.000 42.900 119,907,000 11,875,581, 000) (924,560,000) 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 stack 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 peld per share for shares held in treasury stock? Complete this question by entering your answers in the tabs below. R2 Reg Reg 4 and 5 Rea 6 What is the par value of Magnums.ass A common stock? (Round your answer to secimal places Pecommons >

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