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The stockholders' equity section of the balance sheet of Caesar Corporation at December 31, 2018 appears as follows: (T company engaged in no treasury stock
The stockholders' equity section of the balance sheet of Caesar Corporation at December 31, 2018 appears as follows: (T company engaged in no treasury stock transactions prior to 2018.) $ 800,000 150,000 Stockholders' Equity $2 preferred stock, $100 par, 10,000 shares authorized, 8,000 shares issued $800,000 Common stock, $2 par, 100,000 shares authorized, 75,000 shares issued, 5,000 are held in the treasury 150,000 Additional Paid-in Capitali From Issuance of preferred stock From Issuance of common stock From treasury stock transactions From common stock dividends Total paid-in capital Retained earnings ($40,000 equal to cost of treasury stock is not available for dividends) 80,000 225,000 3,000 26,000 1.289.000 500,000 1,789,000 (40.000) $1,749.000 Less treasury stock at cost: 5,000 common shares) Total Stockholders' equity How many shares of common stock are outstanding
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