shareholders equity section of Max Inc. provides information as shareholders equity section of Max Inc. provides information as follows: Stockholders equity Common stock $1 par, 250.000 shares authorized, 75,500 shares issued, 72.000 shares $75,500 outstanding 480,000 Paid-in capital in excess of par-Common stock 360,000 Retained earnings 48,000 Accumulated other comprehensive income (55,000) Less Treasury stock, 3.500 shares at cost $908.500 Total equity attributable to Nakoma Inc. stockholders 5.000 Equity attributable to noncontrolling interests $913,500 Total stockholders equity During 2020, Max Inc. has the following transactions: On March 25, 2020, Max Inc. declared and issued a 10% stock dividend. On March 30, 2020, Max Inc. reacquired and retired 1,000 shares of common stock at $13.50 per share. On June 30, 2020. Max Inc. purchased 2.200 common shares for the treasury at $18 per share. On December 15, 2020, Max Inc. retired 2.400 treasury shares Required Given the transactions above, on December 31, 2020, 1. The number of authorized shares is shares 2. The number of issued shares is shares 3. The number of outstanding shares is shares. 4 The number of treasury shares is sharesAccounting Business Financial Accounting ACCY 112
