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Riggs Corporation has the following balance sheet information at December 31, 2016. $ 800,000 2,000,000 Common stock ($1 par, 300,000 shares issued 300,000 2,100,000 3,230,000

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Riggs Corporation has the following balance sheet information at December 31, 2016. $ 800,000 2,000,000 Common stock ($1 par, 300,000 shares issued 300,000 2,100,000 3,230,000 (1,161,000) Total liabilities and shareholders' equity $7.269,000 Current liabilities .( eas Convertible bonds($1,000 par, 5%) Additional paid-in capital Retained earnings Treasury stock (43,000 shares)

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