127. Stockholders' equity The stockholders' equity section of the balance sheet of Creative Corporation at December 31, 2009, appears as follows: Stockholders' equity $5 preferred stock, $100 par, 100,000 shares authorized, 50,000 shares issued $800,000 Common stock, $3 par, 100,000 shares authorized, 50,000 shares issued, of which 5,000 are held in treasury 150,000 Additional paid-in capital: From issuance of preferred stock 160,000 _ From issuance of common stock I 550,000 From treasury stock transactions 6,000 From common stock dividends 130,000 Total paid-in capital $1,796,000 Retained earnings ($40,000 cost of treasury stock is not , available for dividends) 7,750,000 7 312,5 46,000 Less: Treasury stock (at cost; 5,000 common shares) 40,000 Total stockholders' equity $2,506,000