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QUESTION 7 Evan Corporation charter authorized the following capital stock Preferred stock 8 percent, par $10, authorized 10,000 shares. Common stock par $1.7. authorized 50.000

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QUESTION 7 Evan Corporation charter authorized the following capital stock Preferred stock 8 percent, par $10, authorized 10,000 shares. Common stock par $1.7. authorized 50.000 shares Since inceptiot Skyhawk sold 7,690 shares of the common stock at Sper share and 2,178 shares of the preferred stock 517. The ending retained earm was $55.977 On the statement of stockholders' equity, the total stockholders' equity would be reported as $

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