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0 Required information (The following information applies to the questions displayed below! The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance

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0 Required information (The following information applies to the questions displayed below! The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders equity! Preferred stock, $1 par value Common stock, $1 par value Additional paid in capital Total paid in capital Retained earnings Treasury stock, 10,000 common shares Total stockholders' oquity $ 5,000 20,000 $75,000 600,000 278,000 220,000) $ 658,000 Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands Required: 1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.) Number of shares

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