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Shown below is information relaung to the stockholders' equity of Reeve Corporation as of December 31 , Year 1 : 5. 0% cumulative preferred stock,
Shown below is information relaung to the stockholders' equity of Reeve Corporation as of December 31 , Year 1 : 5. 0\% cumulative preferred stock, \$180 par value; authorized, ?? shares; issued and outstanding, ?? shares Common stock, $10 par value; authorized, 400,000 shares; issued and outstanding, 124, 090 shares Additional paid-in capital: Common stock Retained earnings (Deficit) Dividends in arrears $506,000 1,240,000 744,000 (62,009) 25,000 How many shares of preferred stock are issued and outstanding
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