3 pts Question 11 Pearl Company has the following Shareholders' Equity section at year end: Shareholders' Equity: Paid in Capital: P/S, 7%, cumulative, $100 PV C/S, $5 PV PIC - Excess PV - C/S Total Paid in Capital Retained Earnings Total Paid in Capital and Retained Earnings Less: Treasury Stock (10,000 common shares) Total Shareholders' Equity $ 200,000 600,000 60,000 860,000 310.000 1,170,000 (20,000) $ 1.100.000 How many shares of preferred stock are issued