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The stockholders' equity section of Cheyenne Corporation's balance sheet at December 3 1 is presented here. Cheyenne Corporation Balance Sheet ( partial ) Stockholders' equity

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The stockholders' equity section of Cheyenne Corporation's balance sheet at December 31 is presented here.
Cheyenne Corporation
Balance Sheet (partial)
Stockholders' equity
Paid-in capital
Preferred stock, cumulative, 11,300 shares authorized, 6,800 shares issued and outstanding
Common stock, no par, 739,000 shares authorized, 569,000 shares issued
Total paid-in capital
Retained earnings
Total paid-in capital and retained earnings
Less: Treasury stock (7,000 common shares)
Total stockholders' equity
\table[[$680,000
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