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1A. The total equity of the shareholders of Hale Corporation is: a. $ 8,800,000 c. $ 7,300,000 b. $ 8,950,000 d. $ 7,450,000 1B. The

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1A. The total equity of the shareholders of Hale Corporation is:

a. $ 8,800,000 c. $ 7,300,000 b. $ 8,950,000 d. $ 7,450,000

1B. The Total Paid-in Capital related to the Common Stock is:

a. $4,500,000.

b. $5,050,000.

c. $5,450,000.

d. $4,900,000.

Below is information related to Hale Corporation: Common Stock, $1 Par Value Additional Paid-In Capital (Par Value) Common Stock. Preferred Stock, 8.5%, $50 Par Value Additional Paid-In Capital (Par Value) Preferred Stock Retained Earnings Treasury Stock (at cost) $4,500,000 550,000 2,000,000 400,000 1,500,000 150,000

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