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    Filling in Stockholders' Equity Information

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    The market price of a share of common stock at the time of issuance was $19.50, while the market price of a preferred share of stock at the time of issuance was $32. The company paid $12.50 for its treasury stock. Fill in the missing stockholders' equity information below.

    Stockholders' equity:
    Preferred stock, $2.00 par value, 1,000,000 authorize; 300,000 issued ............ (a)
    Additional paid-in capital..........................................................................................(b)
    Common stock, $3.00 par value, 40,000,000 authorized; 25,600,000 issued   (C )
    Additional paid-in capital .............................................(d)
    Retaining earnings......................................................305,683,000.........(e)
    Less: treasury stock, at cost (10,000 shares)....................................... (f)
    Total Stockholders' equity.............................................................(g)

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    https://brainmass.com/business/issuing-equity/filling-in-stockholders-equity-information-546324

    Solution Summary

    Your solution shows instructional notes to indicate how each amount is found and is attached as an Excel document.

    $2.19