Do It! Review 11-6 Partially correct answer. Your answer is partially correct. Try again. Foyle Corporation has issued 100,900 shares of $7 par value common stock. It was authorized 500,200 shares. The paid-in capital in excess of par value on the common stock is $272,600. The corporation has reacquired 6,300 shares at a cost of $45,350 and is currently holding those shares. The corporation also has 3,100 shares issued and outstanding of 9%, $102 par value preferred stock. It authorized 10,500 shares. The paid-in capital in excess of par value on the preferred stock is $29,200. Retained earnings is $391,500. Prepare the stockholders equity section of the balance sheet.

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Do It! Review 11-6 Your answer s partally ceect. Try aga Fuyle Corporaton has iesued 100,90 sheres of S par value commen stock. it was authurized 00,200 shares. The paid-n apita in excess of par value cni the cummo stok is $2720uo. The curporatien has resoquired 6.300 shares at a cost of $45,350 and is curredy hodna those shares. Ralance Shent (Partial) iG-in Cora referred Paid-in Canta tal Adcitonal Pard-n Capita