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The following data is available for Pharoah Corporation at December 31, 2025: Based on the data, how many shares of common stock are outstanding? 27500 . 27435 . 24685. 24750. Grane Corporation issues 62000 shares of $50 par value preferred stock for cash at $55 per share. The entry to record the transaction will consist of a debit to Cash for $3410000 and a credit or credits to Preferred Stock for $3100000 and Paid-in Capital in Excess of Par-Preferred Stock for $310000. Preferred 5 tock for $3410000. Preferred 5tock for $3100000 and Retained Earnings for $310000. Paid-in Capital from Preferred Stock for $3410000. Carla Vista Corporation issues 39000 shares of $50 par value preferred stock for cash at $60 per share. In the stockholders' equity section, the effects of the transaction above will be reported entirely within the capital stock section. entirely within the additional paid-in capital section. entirely under the retained earnings section. under both the capital stock and additional paid-in capital sections. The following data is available for Pharoah Corporation at December 31, 2025: Based on the data, how many shares of common stock are outstanding? 27500 . 27435 . 24685. 24750. Grane Corporation issues 62000 shares of $50 par value preferred stock for cash at $55 per share. The entry to record the transaction will consist of a debit to Cash for $3410000 and a credit or credits to Preferred Stock for $3100000 and Paid-in Capital in Excess of Par-Preferred Stock for $310000. Preferred 5 tock for $3410000. Preferred 5tock for $3100000 and Retained Earnings for $310000. Paid-in Capital from Preferred Stock for $3410000. Carla Vista Corporation issues 39000 shares of $50 par value preferred stock for cash at $60 per share. In the stockholders' equity section, the effects of the transaction above will be reported entirely within the capital stock section. entirely within the additional paid-in capital section. entirely under the retained earnings section. under both the capital stock and additional paid-in capital sections