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Shown below is information relating to the stockholders equity of Grant Corporation at December 3Yet $50,000 5.03 cumulative preferred stock, 5100 par values authorited, 12,000

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Shown below is information relating to the stockholders equity of Grant Corporation at December 3Yet $50,000 5.03 cumulative preferred stock, 5100 par values authorited, 12,000 shares; issued and outstanding. 5,000 shares Common stock, 54 par values autherited, 400,000 shares; issued and outstanding 240.000 shares Additional paid in capital preferred stock Additional poid-in capital common stock Retained warnings $ 60,000 $ 55,000 $ 1.200.000 $390,000 Dividends have been declared and paid for Yeart The balance in Retained Earings at the beginning of the year was $800,000, and there were no dienas. Net als 600.000 Wat was the amount of now common stock thunng Y Mugice 5127 02 O

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