Which answer would represent the financial statement presentation of stockholder

Question

Which answer would represent the financial statement presentation of stockholders equity after the following transactions?

1. common stock, $12 par value, 500 shares authorized
200 shares issued, 125 outstanding $2400
Paid in capital in excess of par- common $2600
Less: treasury stock. 75 shares at $22 per share -$1650


2. common stock, $12 par value, 500 shares authorized
200 shares issued and outstanding $2400
Paid in capital in excess of par- common $2600
Less: treasury stock. 75 shares at $12 per share -$900

3. common stock, $12 par value, 500 shares authorized
200 shares issued, 425 outstanding $5100
Paid in capital in excess of par- common $5525
Less: treasury stock. 75 shares at $22 per share -$1650

4. common stock, $25 market value, 500 shares authorized
200 shares issued, 125 outstanding 5,000
Less: treasury stock. 125 shares at $22 per share -$1650

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Explanation / Answer

Hi,

Please find the answer as follows:

Option A is correct.

(200 shares issued, 125 outstanding $2400
Paid in capital in excess of par- common $2600
Less: treasury stock. 75 shares at $22 per share -$1650)

Thanks.

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