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The market price of a share of common stock at the time of issuance was $13.50, while the market price of a preferred share of

The market price of a share of common stock at the time of issuance was $13.50, while the market price of a preferred share of stock at the time of issuance was $23.00. The company paid $8.00 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.) image text in transcribed

The market price of a share of common stock at the time of issuance was $13.50, while the market price of a preferred share of stock at the time of issuance was $23.00. The company paid $8.00 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 Contributed Capital: Preferred Stock, $2 par value, authorized 1,000,000 shares; issued 375,000 shares Additional Paid-in Capital - Preferred Stock Common Stock, $3 par value, authorized 40,000,000 shares; issued 13,000,000 shares Additional Paid-in Capital - Common Stock Total Contributed Capital Retained Earnings Treasury Stock, at Cost (10,000 shares) Total Stockholders' Equity 206.283.000

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