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Wildhorse Co.s December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 30000 shares authorized; 15000 shares issued $ 150000

Wildhorse Co.s December 31, 2020 balance sheet showed the following:

6% preferred stock, $10 par value, cumulative,

30000 shares authorized; 15000 shares issued

$ 150000

Common stock, $10 par value, 3,000,000 shares authorized;

1,950,000 shares issued, 1,920,000 shares outstanding

19500000

Paid-in capital in excess of par value - preferred stock

72000

Paid-in capital in excess of par value - common stock

28800000

Retained earnings

9650000

Treasury stock (25000 shares)

525000

Wildhorse's total stockholders' equity was

A. $47787000.

B. $58697000.

C. $514610.

D. $57647000.

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