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Crane Corporation's December 31, 2017 balance sheet showed the following: 7% preferred stock, $20 par value, cumulative, 19000 shares authorized; 9000 shares issued 180000 Common
Crane Corporation's December 31, 2017 balance sheet showed the following: 7% preferred stock, $20 par value, cumulative, 19000 shares authorized; 9000 shares issued 180000 Common stock, $10 par value, 1900000 shares authorized; 1850000 shares issued, 1830000 shares outstanding 18500000 59000 Paid-in capital in excess of par-preferred stock 23000000 Paid-in capital in excess of par-common stock Retained earnings 7600000 Treasury stock (193000 shares) 607950 Crane's total paid-in capital was $42346950 $41131050 $41739000. $23059000
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