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Question 6 (1 point) D Nance Corporation's December 31, 2012 balance sheet showed the following: 8% preferred stock, S20 par value, cumulative, 20,000 shares authorized;
Question 6 (1 point) D Nance Corporation's December 31, 2012 balance sheet showed the following: 8% preferred stock, S20 par value, cumulative, 20,000 shares authorized; 10,000 shares issued Common stock, $10 par value, 2,000,000 shares authorized; S 200,000 1,300,000 shares issued, 1.280,000 shares outstanding Paid-in capital in excess of par value - preferred stock Paid-in capital in excess of par value - common stock Retained eamings Treasury stock (20,000 shares) 13,000,000 40,000 18,000,000 5,100,000 420,000 Nance's total paid-in capital was 1) $31,240,000. 2) $31,660,000. 3) $30,820,000. 4) $18,040,000. Save
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