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Sunland Corporation's December 31, 2021 balance sheet showed the following: 7% preferred stock, $20 par value, cumulative, 9200 shares authorized; 7700 shares issued Common stock,

Sunland Corporation's December 31, 2021 balance sheet showed the following: 7% preferred stock, $20 par value, cumulative, 9200 shares authorized; 7700 shares issued Common stock, $10 par value, 970000 shares authorized; 920000 shares issued, 910800 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of parcommon stock Retained earnings Treasury stock (9200 shares) Sunland's total stockholders' equity was $24879800. $24279800. $24300800. $24249800. $154000 9200000 34500 11470000 3700000 308700image text in transcribed

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