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Question 11 Sheffield Corporation's December 31, 2017 balance sheet showed the following: $ 148000 8% preferred stock, $10 par value, cumulative, 19800 shares authorized; 14800 shares issued Common stock, $10 par value, 2030000 shares authorized; 1980000 shares issued, 1960000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock 19800000 60000 24700000 Retained earnings 7660000 Treasury stock (200000 shares) 630000 Sheffield's total stockholders' equity was $52368000. $51738000. $52998000. $44718000