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Presented below is information related to Hale Corporation: Common Stock, $1 par $4,500,000 Paid-in Capital in Excess of Par-Common Stock 550,000 Preferred 8 1/2%

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Presented below is information related to Hale Corporation: Common Stock, $1 par $4,500,000 Paid-in Capital in Excess of Par-Common Stock 550,000 Preferred 8 1/2% Stock, $50 par 2,000,000 Paid-in Capital in Excess of Par-Preferred Stock 400,000 Retained Earnings Treasury Common Stock (at cost) 1,500,000 150,000 Reference Ref 15-1 The total stockholders' equity of Hale Corporation is O $8,950,000. O $7,300,000. O $8,800,000. O $7,450,000.

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