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Saved ework Help Save & Exit Sub Check my wor When Resisto Systems, Inc, was formed, the company was authorized to issue 5,000 shares of
Saved ework Help Save & Exit Sub Check my wor When Resisto Systems, Inc, was formed, the company was authorized to issue 5,000 shares of $100 par value, 8 percent cumulative preferred stock, and 100,000 shares of $2 stated value common stock. Half of the preferred stock was issued at a price of $104 per share, and 73,000 shares of the common stock were sold for $21 per share. At the end of the current year, Resisto has retained earnings of $382.000. o. Prepare the stockholders' equity section of the company's balance sheet at the end of the current year Stock Equity Additional paid-in capital: Total paid-in capital Total stockholders' equity
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