... 1 ,00 0 ,00 0 sharesNumber of shares issued 500 ,00 0 sharesNumber of treasury shares 20 0, 000 sharesTherefore, the number of shares outstanding is 300 ,00 0shares ( 500 ,00 0 shares issued מ 20 0, 000 ... with a par valueof $0. 01. The company sells 100 ,00 0 shares on February 22 , 20 02 , for a total price of $ 500 ,00 0. The entry would be: 2/ 22/ 02 Cash 500 ,00 0 (A)Common stock 1 ,00 0 (B)Additional paid-in ... stock (1 ,00 0 ,00 0 shares authorized, 500 ,00 0issued, and 499 ,00 0 outstanding; par value of $0. 01) $ 5 ,00 0Additional paid-in capital 495 ,00 0Subtotal 500 ,00 0Less: Treasury stock 4 ,00 0Total contributed...