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Multiple Choice Question 126 Sheffield Corporation's December 31, 2017 balance sheet showed the following: 9% preferred stock, $20 par value, cumulative, 11000 shares authorized; 9500

Multiple Choice Question 126 Sheffield Corporation's December 31, 2017 balance sheet showed the following: 9% preferred stock, $20 par value, cumulative, 11000 shares authorized; 9500 shares issued Common stock, $10 par value, 1090000 shares authorized; $ 190000 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) Sheffield's total stockholders' equity was $25583200. $25634200. $26213200. $25613200. 10400000 34000 11510000 3760000 310800image text in transcribed

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