Business, 19.03.2021 05:20, Kana81

An analysis of stockholders' equity of Coronado Industries as of January 1, 2021, is as follows: Common stock, par value $20; authorized 100,000 shares; issued and outstanding 81000 shares $1620000 Paid-in capital in excess of par 810000 Retained earnings 761000 Total $3191000 Coronado uses the cost method of accounting for treasury stock and during 2021 entered into the following transactions: Acquired 2440 shares of its stock for $75640. Sold 1870 treasury shares at $36 per share. Sold the remaining treasury shares at $21 per share. Assuming no other equity transactions occurred during 2021, what should Coronado report at December 31, 2021, as total additional paid-in capital

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An analysis of stockholders' equity of Coronado Industries as of January 1, 2021, is as follows: Com...