Question: PB11-3 (Algo) Finding Missing Amounts [LO 11-2, LO 11-3, LO 11-5] At December 31, the records of Seacrest Enterprises provided the following selected and incomplete
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PB11-3 (Algo) Finding Missing Amounts [LO 11-2, LO 11-3, LO 11-5] At December 31, the records of Seacrest Enterprises provided the following selected and incomplete data: Common stock (par \$1; no changes during the current year). Shares authorized, 10,000,000. Shares issued, ??; issue price $11 per share. Shares held as treasury stock, 60,000 shares, cost $12 per share. Net income for the current year, $2,370,000 Common Stock account, $850,000. Dividends declared and paid during the current year, $1 per share. Retained Earnings balance, beginning of year, $37,400,000. Required: Complete the following: (Round per share to 2 decimal places.)
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