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Sheffield Corp. December 31, 2017 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 30000 shares authorized; 21000 shares issued $ 420000
Sheffield Corp. December 31, 2017 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 30000 shares authorized; 21000 shares issued $ 420000 Common stock, $10 par value, 4,000,000 shares authorized; 2,600,000 shares issued, 2,560,000 shares outstanding 26000000 Paid-in capital in excess of par value - preferred stock 74000 Paid-in capital in excess of par value - common stock 28900000 Retained earnings 9650000 Treasury stock (31000 shares) 713000 Sheffield total stockholders' equity was O $64331000. 0 $52971000. O $65171000. O $66011000
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