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how would I find the stockholder equity? Selected accounts of the Baylor Corporation on December 31, 2021, appear below: Treasury stock (100,000 shares).. $ 250,000
how would I find the stockholder equity?
Selected accounts of the Baylor Corporation on December 31, 2021, appear below: Treasury stock (100,000 shares).. $ 250,000 Cash...... 90,000 Preferred stock, 100,000 shares issued and outstanding........... 500,000 Bonds payable........ 1,000,000 Common stock, $5 par. 2,000,000 Goodwill........ 200,000 Paid in capital in excess of par--common. 4,200,000 Retained earnings........ 600,000 Total Stockholders' Equity is: $7,300,000 $7,500,000 O $7,050,000 $7,550,000 O $7,250,000 Step by Step Solution
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