Question
Print Item Question Content Area Stockholders' Equity Section of Balance Sheet Below is the Stockholders' Equity section of the balance sheet prepared as of the
Print Item Question Content Area Stockholders' Equity Section of Balance Sheet Below is the Stockholders' Equity section of the balance sheet prepared as of the end of the current year. Stockholders Equity Paid-in capital: Preferred 2% stock, $80 par (125,000 shares authorized and issued) $10,000,000 Excess of issue price over par 500,000 $10,500,000 Retained earnings 96,700,000 Treasury stock (75,000 shares at cost) 1,755,000 Dividends payable 430,000 Total paid-in capital $109,385,000 Common stock, $20 par (1,000,000 shares authorized, 825,000 shares issued) 17,655,000 Organizing costs 300,000 Total stockholders' equity $127,340,000 Prepare a corrected Stockholders' Equity section. Stockholders' Equity Paid-In Capital: blank $- Select - blank - Select - blank blank blank $- Select - blank $- Select - blank - Select - blank blank blank - Select - blank Total paid-in capital blank $fill in the blank 13 blank - Select - Total blank $fill in the blank 16 blank - Select - Total stockholders' equity blank $fill in the blank 19
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