Question: Please help incomplete data: Common stock (par $1; no changes during the current year). Shares authorized, 500,000. Shares issued, ?; issue price $19 per share.

incomplete data: Common stock (par $1; no changes during the current year). Shares authorized, 500,000. Shares issued, ?; issue price $19 per share. Common Stock account, $170,000. Shares held as treasury stock, 2,700 shares, cost $17 per share. Net income for the current year, $100,380. Dividends declared and paid during the current year, $36,806. Retained Earnings balance, beginning of the year, $152,000. Required: Complete the following: TIP: To determine the number of shares issued, divide the balance in the Common Stock account by the par value per share. (Round "per share" answers to 2 decimal places.) At December 31, the records of Nortech Corporation provided the following selected and incomplete data: Common stock (par \$1; no changes during the current year). Shares authorized, 500,000. Shares issued, ?, issue price $19 per share. Common Stock account, $170,000. Shares held as treasury stock, 2,700 shares, cost $17 per share. Net income for the current year, $100,380. Dividends declared and paid during the current year, $36,806. Retained Earnings balance, beginning of the year, $152,000. Required: Complete the following: TIP: To determine the number of shares issued, divide the balance in the Common Stock account by the par value per share, (Round "per share" answers to 2 decimal places.)
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