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Required information [ The following information applies to the questions displayed below. ] The stockholders' equity section of The Seventies Shop is presented here.

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Required information
[The following information applies to the questions displayed below.]
The stockholders' equity section of The Seventies Shop is presented here.
\table[[{
\table[[,THE SEVENTIES SHOP],[( $ in thousands),Balance Sheet (partial)]]}],[],[Preferred stock, $50 par value,],[Common stock, $5 par value,20,000],[Additional paid-in capital,100,000],[Total paid-in capital,120,000],[Retained earnings,53,000],[Treasury stock,(3,700)
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