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Vega Corporation's December 31, 2015 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative. 10,000 shares authorized; 8,500 shares issued 170,000 Common

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Vega Corporation's December 31, 2015 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative. 10,000 shares authorized; 8,500 shares issued 170,000 Common stock, $10 par value, 1,000,000 shares authorized; 950,000 shares issued, 940,000 shares outstanding Paid-in capital in excess of par-preferred stock Paid-in capital in excess of par-common stock Retained earnings Treasury stock (15,000 shares) 9,500,000 34,000 11,500,000 3,750,000 315,000 Vega's total stockholders' equity was $24,690,000 $24,669,000 $25,269,000 $24,639,000

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