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Jackson Co's end-of-year stockholders' equity report reads as follows: Common stock with no par, $2 stated value, 10,000 shares originally issued for $15 per share.

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Jackson Co's end-of-year stockholders' equity report reads as follows: Common stock with no par, $2 stated value, 10,000 shares originally issued for $15 per share. Preferred stock, $20 par, 3,000 shares originally issued for $30 per share. What should the company report for Common Stock, Preferred Stock, and Additional Paid-in Capital? Common Stock Preferred Stock Additional PIC 150,000 30,000 150,000 0 20,000 20,000 60,000 90,000 60,000 60,000 150,000 60,000 30,000 20,000 60,000 160,000 20,000 90,000 130,000 150,000 90,000 0 160,000 130,000

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