Question: show all steps pls For 7 - 10 use the following Best Incorporated Balance Sheet (partial) At December 31, Year 6 Stockholders' Equity: Preferred stock
show all steps pls For 7 - 10 use the following Best Incorporated Balance Sheet (partial) At December 31, Year 6 Stockholders' Equity: Preferred stock (par $100) $300,000 Common stock (par $0.01) 1.000 Additional Paid in capital 1.811.000 Total paid in capital 2,112,000 Retained earnings 565,200 Treasury stock (3,000 common shares) (66,000) Total stockholders' equity $2,611,200 Assume that the company sold 1,000 shares of its treasury stock for $25 per share. 7. How much would additional paid in capital change? $ .. How much would Stockholders' Equity change? $ .. How many shares of Commons stock would be issued after the reissuance? shares 10. How many shares of Common stock would be outstanding after the reissuance? shares
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