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Zyrkel Corporations December 31, 2020 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 30,000 shares authorized; 20,000 shares issued $ 600,000

Zyrkel Corporations December 31, 2020 balance sheet showed the following:

8% preferred stock, $20 par value, cumulative, 30,000 shares authorized; 20,000 shares issued

$ 600,000

Common stock, $10 par value, 2,000,000 shares authorized;1,950,000 shares issued, 1,920,000 shares outstanding

13,600,000

Paid-in capital in excess of parpreferred stock

40,000

Paid-in capital in excess of parcommon stock

-50,000,000

Retained earnings

7,500,000

Treasury stock (30,000 shares)

630,000

Calculate Zyrkel's total stockholders' equity.

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