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What is total stockholders' equity given the following information? Capital stock, $5 par, 20,000 shares authorized, 5,000 shares issued and 4,800 shares outstanding: $25,000 Paid-in-capital-in-excess
What is total stockholders' equity given the following information?
Capital stock, $5 par, 20,000 shares authorized,
5,000 shares issued and 4,800 shares outstanding: $25,000
Paid-in-capital-in-excess of par 12,000
Treasury stock 3,000
Retained earnings 70,000
a. $107,000
b. $110,000
c. $80,000.
*d. $104,000.
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