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Multiple Choice Question 126 Concord Corporation's December 31, 2017 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 9700 shares authorized; 8200

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Multiple Choice Question 126 Concord Corporation's December 31, 2017 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 9700 shares authorized; 8200 shares issued Common stock, $10 par value, 1090000 shares authorized; 1040000 shares issued, 1030000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (14800 shares) $ 164000 10400000 35500 11430000 3800000 310800 Concord's total stockholders' equity was $25569700 $25518700 $26148700 $25548700

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