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Presented below is information related to Hale Corporation: Common Stock, $1 par $3,500,000 Paid-in Capital in Excess of ParCommon Stock 550,000 Preferred 8 1/2% Stock,

Presented below is information related to Hale Corporation: Common Stock, $1 par $3,500,000 Paid-in Capital in Excess of ParCommon Stock 550,000 Preferred 8 1/2% Stock, $50 par 2,000,000 Paid-in Capital in Excess of ParPreferred Stock 400,000 Retained Earnings 1,500,000 Treasury Common Stock (at cost) 150,000 Accumulated Other Comprehensive Income (Unrealized losses) 100,000 The total stockholders' equity of Hale Corporation is

Select one: a. $7,800,000 b. 7,900,000 c. $7,700,000 d. $7,950,000 e. $6,300,000 f. The correct answer is not listed.

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