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Presented below is information related to Free Corporation: Common Stock, $1 par..... $2,600,000 Paid-in Capital in Excess of Par-C/S..... $330,000 Preferred 8 1/2% Stock,
Presented below is information related to Free Corporation: Common Stock, $1 par..... $2,600,000 Paid-in Capital in Excess of Par-C/S..... $330,000 Preferred 8 1/2% Stock, $50 par...... 1,200,000 Paid-in Capital in Excess of Par-P/S.. 240,000 Retained Earnings............... ..........1,000,000 Accumulated Other Comprehensive Income (Unrealized Losses).......100,000 Treasury Stock (at cost)........... .90,000 The total stockholders' equity of Free Corporation is a. $5,180,000. b. $5,270,000. c. $5,300,000. d. $5,510,000. e. None of the above
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