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Here is selected financial statement data regarding a company's stockholders' equity. Balance Sheet: Dec. 31, 2021 Dec. 31, 2020 Preferred stock $ 180,000 $
Here is selected financial statement data regarding a company's stockholders' equity. Balance Sheet: Dec. 31, 2021 Dec. 31, 2020 Preferred stock $ 180,000 $ 180,000 Common stock 875,000 470,000 Paid-in capital in excess of par value - preferred 1,436,000 1,436,000 stock Retained earnings 2,465,000 2,333,000 In the statement of cash flows, the financing activities section should show a cash receipt for "issuance of common stock" for $
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