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Klug Company reported the following information at December 31, 2011: Preferred stock, $10 par, 5,000 shares authorized, issued, and outstanding; cumulative; nonparticipating; callable at par
Klug Company reported the following information at December 31, 2011: Preferred stock, $10 par, 5,000 shares authorized, issued, and outstanding; cumulative; nonparticipating; callable at par value $ 50,000 Common stock, $1 par, 500,000 shares authorized 100,000 Additional paid-in capital - Common 25,000 Retained earnings 75,000 Total stockholders' equity $250,000 The total paid in capital is:
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