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Shareholders' equity Shareholders' Equity Contributed capital Preferred shares, $1.00 Authorized: 10,000 shares Issued and outstanding: None Common shares Authorized: 100,000 shares Issued and outstanding:

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Shareholders' equity Shareholders' Equity Contributed capital Preferred shares, $1.00 Authorized: 10,000 shares Issued and outstanding: None Common shares Authorized: 100,000 shares Issued and outstanding: 14,000 shares 70,000 Retained earnings 84,000 $ 154,000 Total shareholders' equity Print Done -mputed in requirement 3), 3 for 1 there would be outstanding - X g a

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