Question: Hello, I am having trouble with the question below. Thanks for all your help! Below is the example: Instructions: What is total stockholders' equity? Prepare

Hello, I am having trouble with the question below. Thanks for all your help!Hello, I am having trouble with the question below. Thanks for all

your help! Below is the example: Instructions: What is total stockholders' equity?

Below is the example:

Prepare the stockholders' equity section of the balance sheet. You should look

Instructions: What is total stockholders' equity? Prepare the stockholders' equity section of the balance sheet. You should look at Illus. 11.18 to get a sense of what yours should look like. Use good form, indicating the number of authorized, issued, and outstanding shares for each class of stock. Balance Sheet (partial) Stockholders' equity Paid-in capital Capital stock 9\% preferred stock, \$100 par value, cumulative, 10,000 shares authorized, 6,000 shares issued and outstanding Common stock, no par, \$5 stated value, 500,000 shares authorized, 400,000 shares issued, and 390,000 outstanding Total capital stock Additional paid-in capital Paid-in capital in excess of par value-preferred stock Paid-in capital in excess of stated valuecommon stock Total additional paid-in capital Total paid-in capital Retained earnings (see Note R) Total paid-in capital and retained earnings Accumulated other comprehensive income Less: Treasury stock (10,000 common shares) Total stockholders' equity $30,0001,050,000 Note R: Retained earnings is restricted for the cost of treasury stock, \$80,000

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