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omework When Resisto Systems, Inc, was formed, the company was authonized to issue 5.000 shares of $100 par value, 8 percent cumulative preferred stock, and
omework When Resisto Systems, Inc, was formed, the company was authonized to issue 5.000 shares of $100 par value, 8 percent cumulative preferred stock, and 100,000 shares of $2 stated value common stock Half of the preferred stock was issued at a price of $103 per share, and 66.000 shares of the common stock were sold for $18 per share. At the end of the current year, Resisto has retained earnings of $382,000 a. Prepare the stockholders equity section of the company's balance sheet at the end of the current year Additional paid in capital Total paid-in capital Total stockholders equityi
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