Required:1. Assume that Castle issued 30000 shares for cash at the inception of

Required:1. Assume that Castle issued 30000 shares for cash at the inception of the corporation and that no new shares have been issued since. Determine how much cash was received for the shares issued at inception.2. Assume that Castle issued 15000 shares for cash at the inception of the corporation and subsequently declared a 2-for-1 stock split. Determine how much cash was received for the shares issued at inception.3. Assume that Castle issued 25000 shares for cash at the inception of the corporation and that the remaining 5000 shares issued are the result of stock dividends that capitalized retained earnings of $21600. Determine how much cash was received for the shares issued at inception.