Kinkaid Company was incorporated at the beginning of this year and had a number of transactions....

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Kinkaid Company was incorporated at the beginning of this year and had a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations. Transaction General Journal Debit Credit a. Cash 300,000 Common Stock, $25 Par Value 225,000 Paid-In Capital in Excess of Par Value, Common Stock 75,000 Organization Expenses 200,000 Common Stock, $25 Par Value 128,000 Paid-In Capital in Excess of Par Value, Common Stock 72,000 Cash 44,000 Accounts Receivable 15,500 Building 81,800 Notes Payable 60,000 Common Stock, $25 Par Value 51,300 Paid-In Capital in Excess of Par Value, Common Stock 30,000 Cash 121,000 Common Stock, $25 Par Value 78,000 Paid-In Capital in Excess of Par Value, Common Stock 43,000 Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the total paid-in capital at year-end? 2. Number of outstanding shares 3. Total paid-in capital Kinkaid Company was incorporated at the beginning of this year and had a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations. Transaction General Journal Debit Credit a. Cash 300,000 Common Stock, $25 Par Value 225,000 Paid-In Capital in Excess of Par Value, Common Stock 75,000 Organization Expenses 200,000 Common Stock, $25 Par Value 128,000 Paid-In Capital in Excess of Par Value, Common Stock 72,000 Cash 44,000 Accounts Receivable 15,500 Building 81,800 Notes Payable 60,000 Common Stock, $25 Par Value 51,300 Paid-In Capital in Excess of Par Value, Common Stock 30,000 Cash 121,000 Common Stock, $25 Par Value 78,000 Paid-In Capital in Excess of Par Value, Common Stock 43,000 Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the total paid-in capital at year-end? 2. Number of outstanding shares 3. Total paid-in capital