Show me the steps to solve Common Stock, $$5$ par $$3,500,000$

Paid$-$in Capital in Excess of Par$$Common Stock $$550,000$

Preferred $8\%$ Stock, $$10$ par $$3,000,000$

Paid$-$in Capital in Excess of Par$$Preferred Stock $$400,000$

Retained Earnings $$4,500,000$

Treasury Common Stock $($at cost$)$ $$350,000$

Calculate total stockholders' equity to be reported on the financial statements of Prime Corporation. Total stockholders equity $=$

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