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Hawking Industries sold 6,500 shares of $100 par value preferred stock at par and 110.000 shares of no par common stock with a stated
Hawking Industries sold 6,500 shares of $100 par value preferred stock at par and 110.000 shares of no par common stock with a stated value of $5 for $10 per share. In addition, Hawking sold 10,500 shares of treasury stock it had purchased for $101 per share for $108 per share. How much total additional paid-in capital should Hawking record in the stockholders' equity section of its balance sheet? $550,000 O $634,000 $560.500 5623.500
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