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The stockholders' equity section of the balance sheet of Carmon Corporation at December 31, appears as follows: Stockholders' Equity $3 Cumulative preferred stock, $100 par;
The stockholders' equity section of the balance sheet of Carmon Corporation at December 31, appears as follows: Stockholders' Equity $3 Cumulative preferred stock, $100 par; authorized, 10,000 shares; issued and outstanding, 6,800 shares $ 680,000 Common stock, $2 par; authorized, 100,000 shares; issued and outstanding; ? shares 146,000 Additional Paid-in Capital: From issuance of preferred stock 170,000 From issuance of common stock 715,000 Total paid-in capital $ 1,711,000 Retained earnings 840,000 Total Stockholders' equity $ 2,551,000 How many shares of common stock are outstanding
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