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Question: Total stockholders' equity is please show work!8 Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31, Year

image text in transcribedQuestion: Total stockholders' equity is

please show work!8

Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31, Year 1: 3.0% cumulative preferred stock, $100 par value; authorized, ?? shares; issued and outstanding, ?? shares Common stock, $10 par value; authorized, 320,000 shares; issued and outstanding, 132,000 shares Additional paid-in capital: Common stock Retained earnings (Deficit) Dividends in arrears $ 800,000 1,320,000 924,000 (66,000) 24,000 Total stockholders' equity is

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