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Swifty Corporation's December 31, 2017 balance sheet showed the following: $ 156000 9% preferred stock, $10 par value, cumulative, 20600 shares authorized; 15600 shares issued

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Swifty Corporation's December 31, 2017 balance sheet showed the following: $ 156000 9% preferred stock, $10 par value, cumulative, 20600 shares authorized; 15600 shares issued Common stock, $10 par value, 2010000 shares authorized; 1960000 shares issued, 1940000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (191000 shares) 19600000 60500 24800000 7640000 601650 Swifty's total stockholders' equity was O $52914850. O $51654850. $44634850. $52256500. O

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