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Common stock, $6 par (400,000 shares authorized)$132,000Paid-in capital in excess of par - common stock96,600Preferred 2% stock, $50 par (30,000 shares authorized)81,000Paid-in capital in excess
Common stock, $6 par (400,000 shares authorized)$132,000Paid-in capital in excess of par - common stock96,600Preferred 2% stock, $50 par (30,000 shares authorized)81,000Paid-in capital in excess of par - preferred stock22,500Paid-in capital from sale of treasury stock8,700Retained earnings202,400Treasury common stock (1,300 shares)13,000
- How many shares of common stock were are outstanding
- what is the total paid-in capital as of December 31?
- what is the total stockholders equity as of December 31?
Can you give step by step on how to solve them they are very confusing
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