On January 2, 2017 the fist year of operations, alpha corp issued 15,000 shares of $10 par value common stock for $15 per share. On July 1, 2017, Alpha Corp. , 1,000 of these shares were reacquired for $20 each.

On January 2, 2017 the fist year of operations, alpha corp issued 15,000 shares of $10 par value common stock for $15 per share. On July 1, 2017, Alpha Corp. , 1,000 of these shares were reacquired for $20 each. On September 1, 2017 Alpha Corp. reissued 500 shares of its treasury stock for $22 per share. No other stock transactions occurred during the rest of fiscal year 2017. Use this information to determine the dollar amounts that Alpha will report on its fiscal year 2017 Balance Sheet. 1. Common Stock 2. Paid Capital Common stock in Excess to par 3. Treasury Stock 4. Paid in Capital Treasury Stock

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