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Krueg Corporation reported the following information at December 31, 2016: Preferred stock, $20 par, 10,000 shares authorized, issued, and outstanding; cumulative; nonparticipating; callable at par

Krueg Corporation reported the following information at December 31, 2016: Preferred stock, $20 par, 10,000 shares authorized, issued, and outstanding; cumulative; nonparticipating; callable at par value $200,000 Common stock, $2 par, 500,000 shares authorized 200,000 Additional paid-in capital - Common 50,000 Retained earnings 150,000 Total stockholders' equity $600,000

A) 150,000

B) 350,000

C) 450,000

D) 200,000

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