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Analyze equity section of balance sheet. (LO 1, 2). Athletic Endurance Company had the following stockholders' equity section on the December 31, 2010, balance sheet:

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Analyze equity section of balance sheet. (LO 1, 2). Athletic Endurance Company had the following stockholders' equity section on the December 31, 2010, balance sheet: How many shares of common stock are classified as issued? How many shares of common stock are outstanding? How many shares of preferred stock are outstanding? What was the average selling price of a share of common stock? If $115,000 of dividends was declared and there were no dividends in arrears, how much of the total would go to the common shareholders

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