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Multiple Choice Question 129 Concord Corporation's December 31, 2020 balance sheet showed the following: 9% preferred stock, $10 par value, cumulative, 18700 shares authorized; 8700

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Multiple Choice Question 129 Concord Corporation's December 31, 2020 balance sheet showed the following: 9% preferred stock, $10 par value, cumulative, 18700 shares authorized; 8700 shares issued Common stock, $10 par value, 2020000 shares authorized; $ 87000 1920000 shares issued, 1880000 shares outstanding 19200000 Paid-in capital in excess of par-preferred stock 59500 Paid-in capital in excess of par-common stock 24400000 Retained earnings 7600000 Treasury stock (20600 shares) 648900 Concord's total stockholders' equity was $51957600. $43677600. $51346500 $50697600

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