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table[[Buildings, 1,450,000 ,],[Cash,190,000,],[Common stock ( $1 par),,200,000],[Dividends payable (preferred stockcash),,4,000],[Inventory,560,000,],[Land,400,000,],[Preferred stock ( $50 par),,500,000],[Prepaid expenses,40,000,],[Retained earnings,,301,000],[Treasury stock (common at cost),170,000,],[Totals, $3,290,000 , $3,290,000 At December

\\\\table[[Buildings,

1,450,000

,],[Cash,190,000,],[Common stock (

$1

par),,200,000],[Dividends payable (preferred stockcash),,4,000],[Inventory,560,000,],[Land,400,000,],[Preferred stock (

$50

par),,500,000],[Prepaid expenses,40,000,],[Retained earnings,,301,000],[Treasury stock (common at cost),170,000,],[Totals,

$3,290,000

,

$3,290,000
image text in transcribed
At December 31, 2025, Bruno the following number of common and preferred shares. The dividends on preferred stock are $4 cumulative. In addition, the preferred stock has a preference in liquidation of $50 per share. Instructions Prepare the stockholders' equity section of Bruno's balance sheet at December 31, 2025

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