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The market price of a share of common stock at the time of issuance was $19.50, while the market price of a preferred share
The market price of a share of common stock at the time of issuance was $19.50, while the market price of a preferred share of stock at the time of issuance was $29.00. The company paid $14.00 per share for its treasury stock. Required: Determine the missing amount in the stockholders' equity section of the balance sheet set forth below. (Input all amounts as positive values.) Stockholders' Equity Preferred Stock, $2 par value, authorized 1,000,000 shares; issued 675,000 shares Additional Paid-In Capital Common Stock, $3 par value, authorized 40,000,000 shares; issued 19,000,000 shares Additional Paid-In Capital Total Contributed Capital Retained Earnings Treasury Stock, at Cost (10,000 shares) Total Stockholders' Equity 0 207.483.000 $ 207,483,000
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