The Walter Company has the following information in the stockholders equity section of their balance sheet: $5 Preferred Stock $50 par 2,000 shared issued and outstanding Common Stock $2 par, 500,000 shares authorized, 200,000 shares issued 160,000 shares outstanding Paid in Capital in Excess of Par Common Stock Other Paid in Capital 50,000 Total Paid in Capital ____________ Retained Earnings 250,000 Treasury Stock @ Cost ____________ Total Stockholders Equity ____________ Other information: The amount paid for one share of preferred stock is $200. The amount paid for one share of common stock is $10. The amount paid for one share of treasury stock is $8. Determine the following (40 Points) What is the $ amount in the Preferred Stock account? What is the $ amount in the Paid in Capital in Excess of par account? What is the $ amount in the Common Stock account? What is the $ amount in the Paid in Capital in Excess of par account? What it Total Paid in Capital? How many shares of Treasury stock? What is the $ amount of Treasury Stock? What is Total Stockholders Equity? What is another way of writing the Preferred Stock line?

Answer any one of those questions