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Current Attempt in Progress Concord Corporation's December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 35000 shares authorized; 24000
Current Attempt in Progress Concord Corporation's December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 35000 shares authorized; 24000 shares issued $ 240000 Common stock, $10 par value, 3,000,000 shares authorized; 19500000 1,950,000 shares issued, 1,920,000 shares outstanding Paid-in capital in excess of par value - preferred stock 71000 Paid-in capital in excess of par value - common stock 28900000 Retained earnings 9750000 Treasury stock (28000 shares) 532000 Concord's total stockholders' equity was O $58993000. O $810610. O $48083000. O $57929000
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