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ine stockholders' Equity section of the balance sheet for Cooperstown Corp. at the end of 2017 appears as follows: 3%, 5100 par, cumulative preferred stock,
ine stockholders' Equity section of the balance sheet for Cooperstown Corp. at the end of 2017 appears as follows: 3%, 5100 par, cumulative preferred stock, 200,000 shares authorized, 50,000 shares issued and outstanding 55,000,000 Additional paid-in capital on preferred 2,500,000 Common stock, $5 par, 500,000 shares authorized, 400,000 shares issued and outstanding 2,000,000 Additional pald-in capital on common 10,000,000 Retained earnings 37,500,000 Total stockholders' equity $65,000,000
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