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At December 31, 2017, Cheyenne had the following number of common and preferred shares. Common Preferred Authorized Issued Outstanding 636,000 212,000 204,000 60,000 10,000 10,000
At December 31, 2017, Cheyenne had the following number of common and preferred shares. Common Preferred Authorized Issued Outstanding 636,000 212,000 204,000 60,000 10,000 10,000 The dividends on preferred stock are $4 cumulative. In addition, the preferred stock has a preference in liquidation of $50 per share. Prepare the stockholders' equity section of Cheyenne's balance sheet at December 31, 2017. (Enter account name only and do not provide descriptive information.) CHEYENNE CORPORATION Stockholders' Equity December 31, 2017 VI Capital Stock T Preferred Stock 500,000 Common Stock T 212,000 Total Capital Stock T 712000 Additional Paid-in Capital X . in 1,394,000 Additional Paid-in Capital in 1,394,000 Treasury Stock 174,000 1568000) Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earnings Less Treasury Stock Total Stockholders' Equity
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