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Shown below is information relating to the stockholders' equity of Perry Corporation as of December 3 1 , Year 1 : 8 . 5 %

Shown below is information relating to the stockholders' equity of Perry Corporation as of December 31, Year 1:8.5% cumulative preferred stock, $100 par value; authorized, ?? shares; issued and outstanding, ?? sharesCommon stock, $10 par value; authorized, 340,000 shares; issued and outstanding, 136,000 sharesAdditional paid-in capital: Common stockRetained earnings (Deficit)Dividends in arrearsTotal stockholders' equity is:

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