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Multiple Choice Question 183 Sheffield Corp.'s December 31, 2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 30000 shares authorized; 19000

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Multiple Choice Question 183 Sheffield Corp.'s December 31, 2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 30000 shares authorized; 19000 shares issued $ 380000 Common stock, $10 par value, 3,000,000 shares authorized; 1,950,000 shares issued, 1,920,000 shares outstanding 19500000 Paid-in capital in excess of par value - preferred stock 63000 Paid-in capital in excess of par value - common stock 28500000 Retained earnings Treasury stock (27000 shares) 513000 9650000 Sheffield's total stockholders' equity was O $58606000. O $47696000. $423610. $57580000. Click if you would like to Show Work for this question: Qren Show Work Question Attempts: 0 of 1 used SAVE FOR LATER

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