P11-12A
The Stockholders Equity section of the December 31, 2017, balance sheet of Carter
Company appeared as follows:
	Preferred stock, $50 par value,
	10,000 shares authorized, ? shares issued					$ 400,000
	Common stock, ? par value,
	20,000 shares authorized, 14,000 shares issued					280,000
	Additional paid-in capitalPreferred					12,000
	Additional paid-in capitalCommon					980,000
	Additional paid-in capitalTreasury stock					2,000
	Total contributed capital					$ 1,674,000
	Retained earnings					80,000
	Less: Treasury stock, preferred, 200 shares					(12,800)
	Total stockholders equity					$ ?
Required
Determine the following items based on Carters balance sheet.
1. The number of shares of preferred stock issued
	Preferred stock issued =			F	shares
2. The number of shares of preferred stock outstanding
	Preferred stock outstanding =			F	shares
3. The average per-share sales price of the preferred stock when issued
	Average sales price per share =			F
4. The par value of the common stock
	Par value of common stock =			F
5. The average per-share sales price of the common stock when issued
	Average sales price per share =			F
6. The cost of the treasury stock per share
	Cost of the treasury stock =			F
7. The total stockholders equity
	Total stockholders' equity =			F
8. The per-share book value of the common stock assuming that there are no
dividends in arrears and that the preferred stock can be redeemed at its par value
	Book value per share =			F