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Skyhawk Corporation' charter authorized the following capital stock: Preferred stock: 8 percent, par $10, authorized 10,000 shares Common stock: par $1.1, authorized 50,000 shares. Since

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Skyhawk Corporation' charter authorized the following capital stock: Preferred stock: 8 percent, par $10, authorized 10,000 shares Common stock: par $1.1, authorized 50,000 shares. Since inception, Skyhawk sold 5,471 shares of the common stock at $8.6 per share and 3.500 shares of the preferred stock at $18. On the statement of stockholders' equity, Common Stock would be reported as $

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