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Stockholders' equity Paid - in capital Preferred stock, cumulative, 1 4 , 0 0 0 shares authorized, 8 , 4 0 0 shares issued and

Stockholders' equity
Paid-in capital
Preferred stock, cumulative, 14,000 shares authorized, 8,400 shares issued and outstanding $840,000
Common stock, no par, 740,000 shares authorized, 560,000 shares issued
Total paid-in capital
Retained earnings
Total paid-in capital and retained earnings
Less: Treasury stock (7,000 common shares)
Total stockholders' equity
2,800,0003,640,000
1,858,0005,498,000
\table[[40,600],[$5,457,400
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