ine stockholders' Equity section of the balance sheet for Cooperstown Corp. at the end of 2017 appears as follows: 8%, $100 par, cumulative preferred stock, 200,000 shares authorized, 50,000 shares issued and outstanding Additional paid-in capital on preferred Common stock, $5 par, 500,000 shares authorized, 400,000 shares issued and outstanding Additional paid-in capital on common Retained earnings Total stockholders' equity $5,000,000 2,500,000 2,000,000 18,000,000 37,500,000 $65,000,000