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Jackson Cos 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.

Jackson Cos 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 60,000 30,000
150,000 90,000 0
20,000 60,000 160,000
20,000 60,000 130,000

Question 5 options:

150,000 60,000 30,000

20,000 90,000 130,000

20,000 60,000 160,000

150,000 90,000 0

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