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Below is the information relating to the stockholders' equity of Blue Corporation as of December 31, 2013. 10% preferred stock, $100 par $420,000 Common stock,
Below is the information relating to the stockholders' equity of Blue Corporation as of December 31, 2013. 10% preferred stock, $100 par $420,000 Common stock, $20 par, 500,000 sares authorized, 100,000 shares issued and outstanding 2,000,000 Additional paid-in capital: common stock 2,300,000 Retained earnings 755,000 How many shares of preferred stock are issued and outstanding?
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