*Please show calculations. Thank you.

Presented below is information related to Waterway Industries:

Common Stock, $1 par$3590000

Paid-in Capital in Excess of ParCommon Stock548000

Preferred 8 1/2% Stock, $50 par1860000

Paid-in Capital in Excess of ParPreferred Stock417000

Retained Earnings1580000

Treasury Common Stock (at cost)159000

The total stockholders' equity of Waterway Industries is

$6256000.

$7836000.

$6415000.

$7995000.