Question - Bramble Corp. December 31, 2017 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 30000 shares authorized; 16000 shares issued $ 160000
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 62000
Paid-in capital in excess of par value - common stock 28200000
Retained earnings 9750000
Treasury stock (30,000 shares) 546000
Required - Bramble total stockholders' equity was
$203610.
$55866000.
$57126000.
$46216000.