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Question 23 View Policies Current Attempt in Progress The following accounts appear in the ledger of Sage Hill Inc. after the books are closed at

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Question 23 View Policies Current Attempt in Progress The following accounts appear in the ledger of Sage Hill Inc. after the books are closed at December 31, 2017 Common Stock (no par $1 stated value. 421,500 shares authorized, 351,500 shares issued) $351,500 Paid-in Capital in Excess of Stated Value-Common Stock 1.228,500 Preferred Stock ($50 par value, 7%, 43,200 shares authorized, 14.100 shares issued) 705,000 Retained Earnings 908,000 Treasury Stock (7,850 common shares) 66,400 Paid-in Capital in Excess of Par Value-Preferred Stock 26,150 Accumulated Other Comprehensive Loss 32,800

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