Chapter Ten Homework Saved Help Save & Exits Check my The stockholders' equity section of Velcro World is presented here. Part 1 of 5 VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid-in capital Retained earnings Treasury stock, 12,000 common shares Total stockholders' equity points 5,200 22,000 675, 200 702,400 280,000 (288,000 $ 694,400 eBook References Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. Required: 1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.) Number of shares Mc Graw Hill