Required information

Problem $10-4$A $($Algo$)$ Analyze the stockholders' equity section $($L$010-7)$

$[$The following information applies to the questions displayed below.$]$

The stockholders' equity section of Your Nesting Place is presented here.

Based on the stockholders' equity section of Your Nesting Place, answer the following questions.

Problem $10-4$A $($Algo$)$ Part $3$

If the common shares were issued at $$20$ per share, at what average price per share were the preferred shares issued?

Problem $10-4$A $($Algo$)$ Part $4$

If retained earnings at the beginning of the period was $$240,000,000$ and $$20,000,000$ was paid in dividends during the year, what

was the net income for the year?

Problem $10-4$A $($Algo$)$ Part $5$

What was the average cost per share of the treasury stock acquired?