Answer:
additional paid capital = $63000
Explanation:
Given data
share = 750000 @ $10 / common stock
issued = 30,000 shares @ $12 per share
purchased = 3,000 shares @ $13 per share
sold = 3,000 shares @ $14 per share
to find out
the amount of Additional paid-in capital
solution
we know here additional paid capital is sum of all value
so we find first
issued value that is
issue share value = no of share × excess per share
issue share value = 30000 × (12-10)
issue share value = $60000 ...............................1
and
purchased value
purchased share value = no of share × excess per share
purchased share value = 3000 × (13-10)
purchased share value = $9000 ...............................2
and
sold value
sold share value = no of share × excess per share
sold share value = 3000 × (14-10)
sold share value = $12000 ...............................3
so
additional paid capital is sum of equation 1 , 2 and 3
additional paid capital = $60000 + $9000 +$12000
additional paid capital = $63000
