C14 #2 Weygandt, Accounting Principles, 13e Help System Announcements CALCULATOR PRINTER VERSION BACK Problem 14-05A a-b The following stockholders' equity accounts arranged alphabetically are in the ledger of Sunland Corporation at Dec 31, 2020 Common Stock ($10 stated value) Paid-in Capital from Treasury Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (8%, $100 par, noncumulative) Retained Earnings Treasury Stock-Common (5,000 shares) $1,900,000 4,000 41,100 720,000 470,000 783,000 94,000 Your answer is correct. Prepare a stockholders' equity section at December 31, 2020. (Enter the account name only and do not provir descriptive information provided in the question.) Sunland Corporation Balance Sheet (Partial) December 31, 2020 - Stockholders' Equity Paid-in Capital Capital Stock Preferred Stock 470000 Common Stock 1900000 Total Capital Stock 2370000 Additional Paid-in Capital Paid-in Capital in Excess of Par-Preferred Stock 41100 Paid-in Capital in Excess of Stated Value-Commor T 720000 12:13 PM Sun Jan 26 S 29% C14 #2 | Paid-in Capital from Treasury Stock Total Additional Paid-in Capital 765100 13135100 Total Paid-in Capital 781000 Retained Earnings Total Paid-in Capital and Retained Earnings Less Treasury Stock 1 3918100 34000 3824100 Total Stockholders' Equity SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT LINK TO TEXT Your answer is incorrect. Try again. Compute the book value per share of the common stock, assuming the preferred stock has a call price of $110 per share, (Round answer to 2 decimal places, e.g. 10.50.) Book value per share of the common stock Click If you would like to Show Work for this question: Open Show Work Question Attempts: 2 of 3 used