Question: Problem 2 The following data are extracted from the equity section of the balance sheet of Delta Corporation: 12/31/2020 12/31/2019 $110,000 58.000 Common stock ($2par

Problem 2 The following data are extracted from the equity section of the balance sheet of Delta Corporation: 12/31/2020 12/31/2019 $110,000 58.000 Common stock ($2par value) APIC-Common Treasury stock (2,000 shares) Retained earnings $100,000 50,000 12,000 100,000 150,000 During 2020, the corporation declared cash dividends of S20,000 but paid only $14,000. In addition, the corporation declared stock dividends and issued the stock. Net income for 2020 was $30,000. There were no other changes in stock issued and outstanding during 2020. Calculate the amount (per share) for which Delta sold the treasury stock in 2020

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