The kramer company was started when it issued 200 shares of $5 par value common stock at a market price of $20 per share. the company repurchased 10 shares at a market price of $15 per share. later the company reissued 5 shares at a market price of $20 per share. at the end of the first year of operation the companys equity included $1,200 of retained earnings in addition to its contributed capitol. the total amount of stockholder's equity a the end of the first year would be