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Engro Corporation is a publicly owned company. The following information is excerpted from a recent balance sheet. Dollar amounts ( except for per share amounts

Engro Corporation is a publicly owned company. The following information is excerpted from a recent balance sheet. Dollar amounts (except for per share amounts) are stated in thousands.
Stockholders equity:
Convertible $12 preferred stock, no par value,
1,000,000 shares authorized; 240,000 shares
issued and outstanding; $200 per share liquidation
preference (call price) $ 48,000
Common stock, par value $2; 50,000,000 shares
authorized 5,260
Additional paid-in capital 72,340
Retained earnings 47,240
Total stockholders equity $172,840

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