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Question 14 of 14 4.14/6 E Ayayai Corp. has issued 98,000 shares of $6 par value common stock. It was authorized 503,000 shares. The
Question 14 of 14 4.14/6 E Ayayai Corp. has issued 98,000 shares of $6 par value common stock. It was authorized 503,000 shares. The paid-in capital in excess of par value on the common stock is $269,000. The corporation has reacquired 6,200 shares at a cost of $55,000 and is currently holding those shares. It also had accumulated other comprehensive income of $64,000. The corporation also has 1,600 shares issued and outstanding of 9%, $104 par value preferred stock. It was authorized 10,200 shares. The paid-in capital in excess of par value on the preferred stock is $24,800. Retained earnings is $373,000. Prepare the stockholders' equity section of the balance sheet. (Enter account name only and do not provide descriptive information.) AYAYAI CORP. Balance Sheet (Partial) kholders' Equity 1-in Capital ital Stock eferred Stock mmon Stock tal Capital Stock litional Paid-in Capital id-In Capital In Excess of Par Value-Preferred Stock Id-in Capital in Excess of Par Value-Common Stock tal Paid-in Capital and Retained Earnings Iditional Paid-in Capital ined Earnings tal Paid-In Capital and Retained Earnings imulated Other Comprehensive Income Treasury Stock ockholders' Equity 319000 166400 24800 269000 485400 293800 779.2 373000 667579.2 64000 55000 1161200
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