Answered>Order 6601
Tom Company (which uses a perpetual inventory system) has the following account balances after adjusting entries at December 31, 2012:
Cash$ 227,000
Merchandise Inventory (12/31/2012)100,000
Equipment120,000
Accounts Receivable105,000
Common Stock ($.50 par)350,000
Sales880,000
Rent Expense67,000
Bonds Payable (due 2040)120,000
Accounts Payable27,000
Dividends10,000
Treasury Stock, Common (19,000 shares)47,000
Preferred Stock 6% ($10 par)85,000
Land260,000
Paid-in Capital in Excess of Par Value, Preferred8,000
Cost of Goods Sold720,000
Interest Expense20,000
Unearned Revenue23,000
Paid-in Capital from Treasury Stock Transactions, Common56,000
Allowance for Doubtful Accounts5,000
Operating Expenses95,000
Accumulated Depreciation- Equipment30,000
Paid-in Capital in Excess of Par Value, Common117,000
Retained Earnings (1/1/2012)70,000
At December 31, 2012, what is the total paid-in capital, the net realizable value of accounts receivable, and the number of outstanding common shares?
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