Calculation of average issue price and sale price of common stock.

The following items were shown on the balance sheet of Herman Corporation on December 31, 2008:
Stockholders' Equity
Paid-In Capital
Capital Stock

Common stock, $5 par value, 360,000 shares
authorized; ______ shares issued and ______ outstanding .................................................. $1,650,000
Additional paid-in capital

In excess of par value .............................................................................................................. 165,000
Total paid-in capital ................................................................................................................ 1,815,000
Retained Earnings ................................................................................................................ 750,000
Total paid-in capital and retained earnings ............................................................................ 2,565,000
Less: Treasury stock (15,000 shares)...................................................................................... (180,000)
Total stockholders' equity ....................................................................................................... $2,385,000

Instructions

Complete the following statements and show your computations.
(a) The number of shares of common stock issued was
(b) The number of shares of common stock outstanding was
(c) The sales price of the common stock when issued was $
(d) The cost per share of the treasury stock was $
(e) The average issue price of the common stock was $
(f) Assuming that 25% of the treasury stock is sold at $20 per share, the balance in the Treasury Stock account would be $