C12 =C10+C11 amount amount $ 24,000.00 $ 60,000.00 $ 84,000.00 $ 250,000.00 $1,250,000.00 1 stockholders equity section of balance sheet 2 preferred 5.% stocks , S4par(8,000 shares authorized, 6000 shares issued and outstanding) 3 Excess of issue pirce over par 4 Paid in capital, prefered stock 5 common stock, Spar2,00,000 shares authorized 125,000 shares issued) 6 excess of issue pirce over par 7 paid in capital,common stock 8 total paid in capital 9 Retained earnings 10 Total 11 Treasurey stocks (8000 shares at $2 per share) 12 Total shareholders equity $ 1,500,000.00 $ 1,584,000.00 $ 250,000.00 $3,418,000.00 $ (16,000.00) $ 3,402,000.00 in the peak of business cycle real gdp falls. 5 How many shares of stock have been sold? How many shares are outstanding? Why are they different? Answer: 6 How many shares of Treasury Stock does the corporation have? What does this represent? How does it affect Stockholder's Equtiy