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Barton Corporation's December 31, 2022 balance sheet showed the following: 8% preferred stock, $10 par value, cumulative, 50,000 shares authorized; 20,000 shares issued.... Common stock,
Barton Corporation's December 31, 2022 balance sheet showed the following: 8% preferred stock, $10 par value, cumulative, 50,000 shares authorized; 20,000 shares issued.... Common stock, $10 par value, 4,000,000 shares authorized; 2,600,000 shares issued, 2,560,000 shares outstanding........... 26,000,000 1,500,000 Paid-in capital in excess of par value - preferred stock......... Paid-in capital in excess of par value - common stock... Retained earnings.. Barton's total paid-in capital was $53,200,000. $54,600,000. O $66,000,000. $77,400,000. ..$ 500,000 ... 38,000,000 11,400,000 30 of 50
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