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Bellezone Corporation's December 31 , 2017 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 20,000 shares authorized; 17,000 shares issued $340,000

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Bellezone Corporation's December 31 , 2017 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 20,000 shares authorized; 17,000 shares issued $340,000 Common stock, $10 par value, 2,000,000 shares authorized; 1,900,000 shares issued, 1,880,000 shares outstanding 19,000,000 Paid-in capital in excess of par-preferred stock 68,000 Paid-in capital in excess of par-common stock 27,000,000 Retained earnings 7,500,000 Treasury stock (20,000 shares) 630,000 Compute Bellezone's total capital 7iBI:j

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