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The market price of of common shares at the time of issuance was $16.50, while the market price of preferred shares at the time of

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The market price of of common shares at the time of issuance was $16.50, while the market price of preferred shares at the time of issuance was $26.00. The company paid $11.00 per share for its treasury shares. Required: Determine the missing amount in the Shareholders equity section of the balance sheet set forth below. (Input all amounts as positive values.) Shareholders' Equity Preferred Shares, $2 par valuo, authorized 1,000,000 shares; issued 525,000 shares Additional Paid In Capital Common Shares, $3 par value, authorized 40,000,000 shares, issued 16,000,000 shares Additional Paid-In Capital Total Contributed Capital Retained Earnings Treasury Shares, at Cost (10,000 shares) Total Shareholders' Equity 0 206,883,000 $ 206,883,000

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