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s Upen Assignment ALCULATOR ? SC ASSIGNMENT RESOURCES Exercise 11-4 The stockholders' equity section of Pina Colada Corp.s balance sheet at December 31 is presented

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s Upen Assignment ALCULATOR ? SC ASSIGNMENT RESOURCES Exercise 11-4 The stockholders' equity section of Pina Colada Corp.s balance sheet at December 31 is presented here. 11-10 PINA COLADA CORP Stockh equity Review Resul Study Obiective Preferred stock, cumulative, 10,333 shares authorized, 6,200 shares issued and outstanding Common stock, no par, 742,241 shares authorized, 574,000 shares issued $ 620,000 1,722,000 2,342,000 1,175,000 3,517,000 42,133 $3,474,867 Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (7,900 common shares) Total stockholders equity From a review of the stockholders' equity section, answer the following questions (a) How many shares of common stock are outstanding? Common stock outstanding (b) A The stated value of the c shares g there is a stated value, what is the stated value of the common stock? stock s per share 0

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