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Problem 10-4A Analyze the stockholders' equity section (L010-7) [The following information applies to the questions displayed below.) The stockholders' equity section of Velcro World is

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Problem 10-4A Analyze the stockholders' equity section (L010-7) [The following information applies to the questions displayed below.) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity: Preferred stock $1 par value Common stock, $1 par value Additional paid-in Capital Total paid in capital Retained earnings Treasury stock, 11,000 common shares Total stockholders' equity $ 6,000 30,000 1.164,000 1,200,000 288,000 352,000) $1,136,000 wie answer the following question Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands Problem 10-4A Part 1 Required: 1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.) Number of shares

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