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Splish Brothers Inc.'s December 31,2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 30000 shares authorized; 23000 shares issued $230000 Common
Splish Brothers Inc.'s December 31,2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 30000 shares authorized; 23000 shares issued $230000 Common stock, $10 par value, 4,000,000 shares authorized; 2,600,000 shares issued, 2,560,000 shares 29500000 outstanding Paid-in capital in excess of par value - preferred stock 64000 Paid-in capital in excess of par value - common stock 28100000 Retained earnings 9750000 Treasury stock (32000 shares) 608000 Splish's total stockholders' equity was
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