Analysis of Stockholders' Equity The Stockholders' Equity section of the December 31, 2016, balance sheet of Eldon Company appeared as follows: Preferred stock, $.40 par value, 5,000 shares authorized, ? shares issued Common stock,? par, 10,000 shares authorized, $160,000 9,000 shares issued Additional paid-in capital-Preferred Additional paid-in capital-Common Additional paid-in capital Treasury stock Total contributed capital Retained earnings Treasury stock, preferred, 100 shares 90,000 7,200 720,000 1,400 $978,600 48,000 (3,100) Total stockholders' equity