Returr Weygandt, Financial and Managerial, 3e Help System Announcements emaining: 141 min. Multiple Choice Question 217 Waterway Corporation's December 31, 2018 balance sheet showed the following: $ 156000 7% preferred stock, $10 par value, cumulative, 20600 shares authorized; 15600 shares issued Common stock, $10 par value, 1930000 shares authorized; 1880000 shares issued, 1860000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par--common stock Retained earnings Treasury stock (214000 shares) 18800000 59000 23900000 7640000 674100 Waterway's total stockholders' equity was $50555000. $51140900 $42860900. $49880900 Click if you would like to Show Work for this question: Open Show Work