Question: 9. Use the following information to answer the question appear in the ledger of Sayre Corporation on December 31, 2010 $30,000 58,000 7,000 18,000 40,000

9. Use the following information to answer the question appear in the ledger of Sayre Corporation on December 31, 2010 $30,000 58,000 7,000 18,000 40,000 Preferred Stock Common Stock Additional Paid-in Capital, Preferred Additional Paid-in Capital, Common Retained Earnings A balance sheet prepared on December 31, 2010, would report total co ntributed capital of a. $88,000. b. $95,000. C. $113,000. d. $153,000. e. none of the above

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